Technical Analysis Report: $NEIRO , $REN , #DYM , and $PEOPLE ..
The latest data reveals that the downtrend continues across several altcoins, with NEIRO leading the decline by 8.22%, currently trading at $0.00193069. This sharp drop suggests NEIRO may be heading toward a critical support zone. Traders should watch if this level holds, as a breakdown could trigger further losses toward $0.0018.
REN also saw a decline of 8.20%, dropping to $0.0366. This movement highlights growing bearish pressure in the token. If REN fails to stabilize, the next key support area lies near $0.035. However, should the market sentiment flip, a rebound from current levels could lead to a retest of $0.04 resistance.
DYM and PEOPLE each dropped by 7.18%, trading at $1.731 and $0.08266, respectively. DYM's correction is notable, as it sits just above critical psychological support at $1.70. A failure to hold this zone could open doors for further downside, potentially targeting $1.65. Meanwhile, PEOPLE is struggling to maintain bullish momentum, with a potential risk of sliding toward $0.080 if the decline continues. Traders should keep a close eye on these assets for any sign of a reversal or further breakdown.
