🔥🔥Trade Analysis 54: NEIROETH - Time to Jump In?!
NEIROETH was listed at Binance just three days ago, and has already become the Hottest coin on Binance Futures.
I know many of you are considering jumping on the NEIROETH bandwagon. However, please hold on and Read my Analysis on NEIROETH first.
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Today, we will use CoinMarketCap's price history to analyze NEIROETH's price and make more informed trading decisions.
Launching Price: $0.01454
Launch Date: 2024/07/29
All-time High (ATH) Price: $0.2894 on 2024/08/08.
All-time Low (ATL) Price: $0.0233 on 2024/09/03.
Overall, NEIROETH's price experienced a staggering 1990% increase to its all-time high in just 11 days. However, it then plummeted by 91.9% to its all-time low in less than 30 days. The price has since rebounded by 666%, currently trading at $0.155. It's been one hell of a rollercoaster experience for NEIROETH holders! And Lucrative Gain for those Enter at Right time!
Possible Scenarios in the Next Few Days:
1. Breakout Rise: If the price breaks out above $0.17 with high volume, consider jumping in. Set a stop-loss at $0.15 and gradually take profits around the $0.181 and $0.236 resistance levels, or simply hold for long-term gains.
2. Bearish Drop: If the price drops sharply below $0.124 with high volume, consider going short and taking profits around the $0.093 and $0.073 support levels. Alternatively, you can try to buy the dip at these support levels; just don't over-allocate.
That's it for today NEIROETH Trade Analysis. I hope this analysis help you make smarter trade decision.
Trade Smarter! Peace Out ;)
#NeiroEthereum #NEIRO #NEIROETHUSDT
