๐จ๐ฅ $NEIRO (NEIRO/USDT) Under Pressure: Will It Rebound or Continue Sliding? ๐น๐
$NEIRO /USDT is currently trading at 0.00221087, showing a -2.62% decline in the past 24 hours. As traders analyze the market trend, here are critical levels and targets to watch:
๐ฏ Key Price Targets to Monitor:
1. Target 1: 0.00225000 โ Immediate resistance level; breaking above this could signal a short-term recovery.
2. Target 2: 0.00230000 โ A significant resistance zone where sustained momentum could push the price higher.
3. Target 3: 0.00251000 โ The 24-hour high; surpassing this could mark the beginning of a more substantial rally.
Technical Overview:
Support Zone: Watch 0.00215056 closely as a key support level. A break below this could indicate further downside.
Moving Averages: The MA(7) at 0.00223713 and MA(25) at 0.00229317 suggest NEIRO is currently below short-term trend indicators, pointing to potential resistance ahead.
Market Insight: For $NEIRO to regain bullish momentum, a move above 0.00225000 is crucial, supported by increasing trading volume. Keep an eye on price action and volume changes for signs of a reversal or further decline.
๐ Stay sharp and ready for strategic moves as NEIRO navigates these pivotal levels! ๐โ ๏ธ
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