Big news! Technical analysis of $NEIRO is here:

There are a few key points to note. The current price is around 0.0019357. It previously rushed to the top of the channel at 0.00233333, and now it has fallen back a bit. But it is still in the channel, which means the upward trend is not over yet.

The 7-day moving average and the 25-day moving average have turned slightly downward, which may not look good in the short term. The price is now lower than both moving averages, which seems a bit weak in the short term. But the 99-day moving average is still rising, which means the long-term trend is still good.

The price touched the upper side of the channel before, and now it is going back. It is almost in the middle of the channel, and it may hold here. If it can rebound here, the upward trend can continue. But if it breaks here, it may have to try the lower side of the channel at about 0.00117400.

The trading volume is less than the previous rise, and the current bulls are not very firm. If the trading volume goes up again, the price may reverse. If the price can find support in the middle or near the channel, it may surge again. We need to pay attention to whether it rebounds near 0.00174-0.00175, and whether the trading volume increases, or whether indicators such as RSI and MACD give buy signals.

It looks like a correction in the short term, but as long as the channel is not broken, the overall trend is still good. We need to keep an eye on the support level of 0.00174.

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