๐ $NEIRO /USDT Technical Analysis: A Potential Opportunity? ๐ฏ๐ฏ๐ฏ๐๐
๐ Current Price: $0.00095655
NEIRO has seen a significant dip of -11.44% in the last 24 hours. Despite this bearish trend, the trading volume remains high, indicating active market interest. Here's what we see for the next potential targets:
๐ฏ Target 1: $0.00100000
Key Level: Psychological resistance.
Analysis: Breaking this level could confirm a short-term reversal, attracting momentum traders to push the price higher.
๐ฏ Target 2: $0.00110000
Key Level: 24-hour high.
Analysis: A retest of this level could signal strong recovery. Look for sustained buying pressure to maintain bullish sentiment.
๐ฏ Target 3: $0.00120000
Key Level: Weekly resistance zone.
Analysis: If NEIRO maintains upward momentum and breaks past $0.00110000, it could aim for this level, signaling potential for a trend change.
๐ Indicators to Watch:
RSI: Currently oversold, suggesting a possible rebound.
Volume: A spike in volume could confirm the breakout.
Support Zone: Strong support at $0.00093000.
๐ก Strategy:
Risk-Tolerant Traders: Consider entering near the support zone with tight stop-loss levels.
Conservative Traders: Wait for confirmation above $0.00100000 before entering.
๐ DYOR (Do Your Own Research) before trading, and stay updated on market trends!