🚨 $NEIRO /USDT TECHNICAL ANALYSIS: Preparing for a Major Move! 🚨
$NEIRO /USDT is trading at $0.00171497, gaining 4.82% in the last 24 hours. After touching a 24-hour high of $0.00181112, the price is consolidating, indicating potential momentum in the coming sessions. Let’s dive into the key levels to watch:
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Key Levels and 3 Targets
1️⃣ Immediate Resistance: $0.00181000
A breakout above this level could signal strong bullish momentum, pushing NEIRO to test new highs.
2️⃣ First Target: $0.00185000
Sustaining above $0.00181000 could propel NEIRO toward $0.00185000, reflecting buyer confidence and increasing volume.
3️⃣ Second Target: $0.00192000
Further bullish continuation may push NEIRO to $0.00192000, aligning with significant resistance from previous sessions.
4️⃣ Support Zone: $0.00169000
If NEIRO fails to maintain current levels, this zone will act as crucial support. A breakdown here could lead to further downside toward $0.00165000.
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Technical Insights
Trend: Consolidating after a strong upward move, signaling potential for continuation or retracement.
Indicators: RSI is neutral, offering room for further price movement in either direction.
Volatility: Moderate, with sharp moves expected near key levels as traders position for a breakout.
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Trading Strategy
💡 Bullish Play:
Entry: Above $0.00181000
Targets: $0.00185000, $0.00192000
Stop-Loss: Below $0.00170000
💡 Bearish Play:
Entry: Below $0.00169000
Targets: $0.00165000, $0.00162000
Stop-Loss: Above $0.00172000
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NEIRO is approaching critical resistance—watch these levels closely for the next big move!
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