$NEIRO will make new " ATH " ?👇
From the updated chart:
Observations
1. Breakout Confirmation:
NEIRO/USDT seems to have broken out of a descending channel.
This is often a bullish sign, signaling a potential trend reversal or continuation to the upside.
2. Target Area:
Based on the chart projection, the target area appears to aim for around 0.0030 to 0.0031, representing a significant upside.
3. EMA Cross:
The EMA (Exponential Moving Average) crossover (if applied) is generally a confirmation of momentum shifting bullishly.
4. Support Zones:
Key support levels: 0.00192859 and 0.00170935, which should act as stop-loss levels if the price reverses.
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Trade Guidance
Hold Position if you’re confident in the breakout and have a sufficient margin to handle volatility. Monitor the chart for any bearish rejection signs or volume drop.
Key Stop-Loss:
Place a stop-loss slightly below the last support zone (0.00192859) to limit downside risk.
Profit-Taking Strategy:
Consider partial profit around 0.0030 or adjust your stop-loss higher as the price climbs.
Keep an eye on the volume and market momentum—if the breakout lacks volume confirmation, there’s a risk of a fake-out.
- Open LONG position now...👇