$NEIRO /USDT Technical Analysis and trading signal 🚀 🚥 🚥
Market Snapshot
Current Price: $0.00117456
24h High: $0.00141643
24h Low: $0.00110000
24h Change: -16.84%
Volume (NEIRO): 139.17B
Volume (USDT): $176.08M
Key Support and Resistance Levels
Support 1 (S1): $0.00110000
Support 2 (S2): $0.00105000
Resistance 1 (R1): $0.00120000
Resistance 2 (R2): $0.00125000
Technical Indicators
1. SAR: $0.00112241 (Indicating slight bullish recovery possibility).
2. RSI (Relative Strength Index): Below 40 (Oversold zone, potential for upward bounce).
3. MACD: Bearish divergence slowing, signaling weakening downward pressure.
Trade Setup and Signal
Momentum: Neutral to Slightly Bullish (Potential recovery from oversold conditions).
Trade Plan
1. Entry Zone: $0.00115000 - $0.00117500
2. Stop-Loss: $0.00109000 (Below key support at $0.00110000).
Targets 🎯
Target 1: $0.00120000 (+2.2%)
Target 2: $0.00125000 (+6.4%)
Target 3: $0.00130000 (+10.7%)
Trading Notes
1. Monitor closely for a break above $0.00120000 for confirmation of bullish momentum.
2. Increased volume may drive price action; watch for quick reversals.
3. If price falls below $0.00110000, expect extended bearish momentum towards $0.00105000.