NEIRO's price action on the 4-hour chart reveals an intriguing scenario. The asset is currently approaching the upper bands of its Bollinger Bands indicator, signaling increased volatility and potential overbought conditions. This movement often indicates market strength but also suggests a possible impending correction.

Confirming this outlook, NEIRO's RSI has surged to 74.93, well into overbought territory. Typically, RSI values above 70 signal that an asset may be due for a pullback, as the current buying pressure might be unsustainable.

Price Prediction:
Given these technical indicators, NEIRO may be poised for a correction in the near term. Using Fibonacci Retracement levels as a guide, we can project potential support levels:

Initial Support: A pullback of approximately 18% could see NEIRO's price settle around $0.0018.

Secondary Support: If bearish pressure intensifies and the initial support fails to hold, we might witness a more significant drop of up to 51%, potentially reaching $0.00091.

However, it's crucial to consider the bullish scenario as well. Should buying pressure unexpectedly resume, $NEIRO could challenge its all-time high of $0.0023. A breakthrough above this level would signal continued bullish momentum and potentially open the path to new highs.
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