$NEIRO
NEIRO has dropped by about 7% in the last 24 hours, indicating a strong bearish trend. The price is currently below both the 7-day and 99-day moving averages, confirming a short-term bearish outlook.
Support and Resistance Levels:
Support: $0.00094680 (current price) and $0.00094100 (24-hour low)
Resistance: $0.00094730 (strong sell orders) and $0.00095000 (minor resistance from the order book)
The market looks bearish in the short term due to the price drop and its position below the moving averages. However, there is buying support at lower levels, which could prevent the price from falling further.
For Buyers:
Watch for a possible price bounce near $0.00094680–$0.00094700 for a short-term opportunity.
If the price breaks above $0.00095000, it could signal a reversal.
For Sellers:
If you're thinking of selling, consider doing so near $0.00095000 or higher, as there is resistance at that level.
For Traders:
Keep an eye on price movement between $0.00094680–$0.00094700 for a potential short-term trade. A breakout above $0.00095000 might lead to a price increase.