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$NEIRO Currency Recommendations

General trend

Current price: 0.00163818 USDT

Change in 24 hours: +2.26%

The general trend is sideways with a bearish bias after recording the top at 0.00231944 and the decline towards 0.00142889.

The price is trying to stabilize above 0.0016.

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Moving Averages (MA)

MA(7): 0.00160664 🟡 (Short-term average).

MA(25): 0.00160182 🟠 (strong signal of price consolidation).

MA(99): 0.00167080 🔵 (Long term resistance).

Conclusion:

The price is trading between the short-term averages (7 and 25) and is trying to reach MA99, which is a major resistance level.

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Technical indicators

1. Relative Strength Index (RSI)

Current value: 69.59 🟡

Interpretation:

Close to the overbought zone (>70), indicating a possible slight correction soon.

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2. Stochastic RSI

Values:

K: 82.48

D: 70.03

High and close to overbought.

3. MACD indicator

DIF: -0.00000576

DEA: -0.00001221

MACD: 0.00000645

Interpretation:

There is a weak positive signal, but the bullish momentum needs confirmation.

4. Williams %R Indicator

Current value: -5.11 🔻

Interpretation:

The indicator is in the overbought zone, which may precede a temporary downward correction.

5. Trading Volume (VOL)

Current size: 56.69M

OBV Indicator: 244.20B

Interpretation:

Buying momentum remains strong, but low volumes in some periods indicate caution from buyers.

Support and resistance

First support: 0.00160182 (MA25).

Second support: 0.00142889 (previous bottom).

First resistance: 0.00167080 (MA99).

Second resistance: 0.00171090 (horizontal resistance level).

Possible scenarios

Positive scenario $NEIRO

If the price breaks the resistance of 0.00167080, it will target:

0.00171090 as first target.

0.00203743 as a second goal.

Negative scenario

If the price fails to hold the support of 0.00160182, it may fall towards:

0.00150000 (psychological level).

0.00142889 (last bottom).

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Conclusion and recommendations 📌

Current trend: Sideways with attempts to rise.

the

recommendation:

Watch for a breakout of 0.00167080 to buy with a target of 0.00171090 $NEIRO .

Stop loss at 0.00155000.

Beware of overbought conditions (confirmed by RSI and Williams %R).