$NEIRO is currently trading at $0.00186962, showing a 6.51% decline. Despite this short-term bearish pressure, it's important to consider potential upside scenarios.
Key levels:
Support: $0.0018, $0.0017
Resistance: $0.0020, $0.0021
Current price action shows NEIRO testing the $0.0018 support. Holding this level is crucial for maintaining bullish momentum.
Short-term outlook:
If $0.0018 holds, expect a potential rebound towards $0.0020 resistance.
Breaking above $0.0021 could signal stronger bullish sentiment.
Upside targets:
$0.0023 - Next significant resistance and potential new ATH
$0.0025 - Extended target if bullish momentum continues
These targets assume NEIRO can overcome current bearish pressure and regain upward momentum. Achieving these levels would require significant buying pressure and possibly positive fundamental developments.
For traders:
Current dip might offer entry opportunities, but wait for reversal signals.
Use tight stop-losses given recent volatility.
Consider taking partial profits at each resistance level if upward movement occurs.
