$NEIRO /USDT Technical Analysis
Current Price: $0.00201474
$NEIRO /USDT has risen by 7.07% today, showing strong bullish momentum before retracing from its 24-hour high of $0.00231944. The price is currently consolidating near $0.0020, signaling potential for either further recovery or a bearish pullback.
Key Levels to Watch:
1. Resistance 1: $0.00210000
A breakout above this level could trigger short-term bullish momentum.
2. Resistance 2: $0.00230000
This aligns with the 24-hour high and represents medium-term resistance.
3. Support: $0.00190000
A breakdown below this support level may signal further bearish pressure.
Targets:
Target 1 (Short-Term): $0.00210000
Clearing this level confirms continued bullish sentiment.
Target 2 (Medium-Term): $0.00230000
Indicates strength if reached, as it represents today's high.
Target 3 (Long-Term): $0.00250000
Breaking this level could attract strong buying interest, leading to a sustained uptrend.
Trade Setup
Long Entry: Above $0.00202000 with targets at $0.00210000, $0.00230000, and $0.00250000. Stop Loss: $0.00195000
Short Entry: Below $0.00190000 with targets at $0.00185000, $0.00180000, and $0.00175000. Stop Loss: $0.00195000
⚠️ Caution: Market volatility is high. Use tight stop-loss orders to manage risk and confirm breakout or breakdown levels before entering trades.
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