🚨 $NEIRO /USDT ALERT: BEARISH PRESSURE BUILDING – WATCH THESE CRITICAL LEVELS! 🚨
$NEIRO is trading at $0.00170991, down 6.03%, as it retraces from a recent high of $0.00216000. The price is consolidating, signaling a potential bounce or continued downside. Traders should closely monitor key levels.
💡 Key Levels to Watch:
1. Resistance 1: $0.00179440 – A breakout above this could indicate a recovery.
2. Resistance 2: $0.00199044 – Clearing this level may lead to a stronger bullish move.
3. Resistance 3: $0.00216000 – A breach here could signify a reversal into an uptrend.
📉 Critical Support:
$0.00162456 – Holding this level is essential to avoid a deeper correction. A breakdown could push prices toward $0.00159778.
Strategy:
Bullish Scenario: Enter long on a breakout above $0.00179440, targeting $0.00199044 and $0.00216000, with a stop loss at $0.00170000.
Bearish Scenario: Short if NEIRO breaks below $0.00162456, aiming for $0.00159778, with a stop loss at $0.00167000.
NEIRO is at a crucial decision point—manage risk and trade cautiously in this volatile market.