$NEIRO Will decline to 0.0017 in short term:

To assess whether NEIRO/USDT could decline to 0.0017 in the short term, let's review the current technical indicators:

1. EMA Position:

The price is below the EMA(25) and EMA(99), indicating bearish momentum. If it remains below these moving averages, it could continue downward pressure.

2. Stochastic RSI:

The Stochastic RSI at 31.72 is close to oversold but not quite there. If it drops further and hits oversold levels (below 20) without a reversal, it might indicate potential for further downside.

3. Volume and Momentum:

If volume decreases or is dominated by selling, it could lead to further decline. Conversely, if there’s a sudden increase in buying volume, it may prevent a drop to 0.0017.

4. Support Levels:

0.0018 is an important support. If this level is broken with strong selling, 0.0017 becomes a realistic target in the short term.

Conclusion:

If bearish momentum continues and 0.0018 is broken, there’s a likelihood that NEIRO/USDT could test 0.0017 in the short term. Watch for strong support at 0.0018 and any reversal signals before making trading decisions.