$NEIRO
/USDT Technical Analysis & Trade Signal
Current Price: 0.00076623
cryptocurrency down 🔥💯💯💯
Technical Analysis:
Trend: The price has recently experienced a downward movement of -18.10% over the past 24 hours, indicating bearish momentum.
Support Level: Around 0.00074670, which is the 24h low, a potential entry or support zone.
Resistance Level: 0.00094346 is the recent 24h high, acting as an upper boundary for price action.
RSI (Relative Strength Index): If the RSI is below 30, it could indicate oversold conditions, while above 70 may suggest overbought.
MACD: If the MACD line crosses above the signal line, it could signal a reversal toward an upward trend.
Trade Signal:
Entry: Wait for confirmation at 0.00074670 (support) or a break above the previous price resistance near 0.00078523 for a potential buy signal.
Stop Loss: Place at 0.00074000 to protect against further downside risks.
Target Levels (🎯):
1. First Target: 0.00078523 (Initial resistance - Short-term profit-taking area).
2. Second Target: 0.00082984 (Next resistance in the upward momentum range).
3. Third Target: 0.00087446 (Key resistance, potential high for this rally).
Trade Momentum:
Momentum indicates that the current market condition is bearish. However, if the price moves above 0.00078523, it could show bullish momentum and initiate upward targets.