Neiro Analysis: 🖕🤷🏻‍♂️

Neiro’s price action this week paints a complex picture, so let’s unpack it.

4-Hour Chart
The price is stuck in a consolidation phase, moving sideways within a tight range. Volume remains low, reflecting market indecision. Bollinger Bands are tightening, signaling a potential breakout. RSI (6) at 39 hints at slight bearish momentum, while the MACD remains flat, indicating a lack of direction for now.

Daily Chart
The broader downtrend is still in play, though the intensity of selling pressure seems to be easing. The price is clinging to the lower Bollinger Band, suggesting oversold conditions. RSI (6) at 30 confirms this, while MACD flattening out hints at a possible reversal—but confirmation is key. Watch for increased volume or stronger candles.

Weekly Chart
The weekly outlook remains bearish, with price sitting below MA(5) and MA(10), reflecting continued downward pressure. RSI (6) at 37 indicates weak sentiment, though it’s not oversold just yet. MACD is starting to flatten, and lower volume suggests seller exhaustion, which might lead to stabilization soon.

Potential Opportunities
Leverage traders should remain cautious, waiting for a confirmed breakout. Spot traders focusing on strong coins with solid fundamentals might find opportunities around support levels. For Neiro, stabilization could offer entries, but discipline is essential.

Upon careful examination, it’s clear Neiro is giving us, who bought a bag of it in spot a month ago, a very clear middle finger 🖕. I DCA’d at $0.00096189 to give it one of my own.

Let’s stay sharp and focused. If you want to trade with me, you can copy my lead copy trading account. Click here to copy my trades and 💰🚀. Cheers and happy trading!

$NEIRO

This person has the ability to change the direction of the market completely .
Since many days crypto market is very volatile .
It was a worst week especially for small investors who got liquidated in millions . Infact crypto market works like this .

This is the place where you can lose your assets within a day if you don't know how to do the risk management but sometimes despite of everything ,whales manipulation happens and people lose their whole investment in one night .

Don't you think there should be a police by all exchanges to have a check and balance over sudden market traps so people can become more confident in investing their hard earned money 💰

Comment below and tell your thoughts about it.

#BTCNextMove #USJoblessClaimsFall #BinanceAlphaAlert