Hey traders! Let's analyze $NEIRO recent movement. After dipping to 0.00085, it bounced back above 0.00099. Since we can't predict BTC's next move, let's focus on a short-term trade.
Entry Zone: 0.0009-0.00094
Exit Zone: 0.00105-0.00114
Why?
Fibonacci retracement shows 0.38 level as strong support at 0.00085(currently holding)
RSI: 50 (neutral)
MACD: Crossover imminent
Support Levels:
0.00085-0.00090 (immediate support)
0.00079-0.00084 (strong support)
Stop-loss: Below 0.00079
Strategy:
Buy on current support (0.0009-0.00094)
Take profits around 0.00105-0.00114
Monitor BTC's movement:
If BTC breaks $59,000, NEIRO may drop
Adjust positions accordingly
Image attached for visual reference.
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