$NEIRO /USDT Technical Analysis
Current Price: $0.00098026 (-6.92%)
Timeframe: 30m
Targets Identified:
1. Target 1: $0.00099000
Immediate resistance level. A breakout above this can signify short-term bullish momentum.
2. Target 2: $0.00101000
Medium resistance level. Sustained buying pressure could push the price toward this area.
3. Target 3: $0.00105000
Major resistance level and potential profit-taking zone for longer trades.
Analysis:
Support Zone: $0.00097000 - $0.00097500
Current Momentum: NEIRO/USDT is experiencing bearish pressure, with recent candles breaking support levels.
Indicators: Oversold conditions may trigger a reversal; watch for volume spikes near $0.00097000.
Actions to Consider:
Short-term Traders: Monitor price near $0.00099000 for potential breakouts. Secure profits at or above $0.00101000.
Swing Traders: Hold for higher targets of $0.00105000 but consider trailing stop-losses to lock gains.