$NEIRO Market Analysis: Price Trend: The price of NEIRO is clearly in a downward channel, with the latest price being 0.00152888, reflecting a daily decline of 6.49%, indicating that bears are in control.

Important Moving Averages:

MA7 (Yellow): The short-term moving average is trending downwards, showing heavy short-term selling pressure.

MA25 (Pink): The mid-term moving average is also following downwards, and the price has yet to break above this line, further confirming the short-term weakness.

MA99 (Purple): The long-term moving average remains above the current price, indicating that the overall bearish trend has not changed.

Consolidation Range: The price previously oscillated between 0.00151480 and 0.00158326 (Orange Box) but has broken below the support range. At this point, near 0.00151480 has become a key short-term support level.

Funding Rate is an important indicator of market bullish and bearish forces.

1. Recently, the funding rate has repeatedly fallen into negative territory (the orange line is below 0), indicating stronger bearish forces, and holding costs are favorable for bears.

2. Although the current funding rate has slightly rebounded, it is still negative, indicating that bearish sentiment continues to dominate the market, with weak rebound momentum.

1. Main Suppression Range:

There are many sell orders near 0.001656 and 0.001579, indicating that these areas are strong selling pressure zones. If the price rebounds to these levels, it may face further selling pressure.

2. Current Support Range:

The current range of 0.001500 to 0.001462 has some trading support, indicating that a bottom may be found in this area in the short term.

Short-term Trend: Overall, it is still bear-dominated, with prices continuously declining. After breaking support, it is weak in the short term.

Key Support Levels: 0.00151480 and 0.001500. If these supports are broken, it may further test 0.001462.

Rebound Resistance Levels: The upper levels of 0.001579 and 0.001656 are important pressure zones, and if there is a short-term rebound to these levels, gradual reduction of positions can be considered.

1. Short Position Strategy:

If the price rebounds to the range of 0.001579 to 0.001656, consideration can be given to entering a short position, with a stop loss set above 0.001700, targeting a return to 0.001500.

2. Long Position Strategy:

If the price stabilizes around 0.001500, a light position can be attempted to go long, with a stop loss set below 0.001460, targeting 0.001579.

3. Risk Control:

The current market is strongly bearish, so operations should be cautious. Strictly set stop losses to avoid significant losses if the market weakens further.

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