From the daily chart of NEIRO/USDT, this currency has been in a downward trend recently, but there are signs of stabilization. The next trend can be analyzed from several technical indicators:

1. Price trend and moving average (EMA)

• Current price: 0.00106565 USDT

• EMA(7): 0.00105704, EMA(25): 0.00116852, EMA(99): 0.00146268

The price is slightly above the EMA(7) line, indicating that there are signs of stabilization in the short term, but it is still below the EMA(25) and EMA(99), indicating that the long-term trend is still bearish.

If the price can break through the EMA(25) resistance level near 0.00117, it may open up room for a rebound.

2. Volume analysis

The recent volume has decreased, which indicates that the market buying power is insufficient. If the volume increases and the price rises in the future, it may mean that the bulls are stronger.

3. Support and resistance

• Near-term support: 0.00085463

• Short-term resistance: 0.00117 (EMA 25)

• Strong resistance: 0.00146 (EMA 99)

If it falls below the support near 0.00085, it may continue to fall to the 0.00074 area.

If it successfully breaks through 0.00117, it may test the strong resistance near 0.00146.

4. Short-term trend judgment

The market is currently in a shock adjustment stage. If the trading volume can be effectively enlarged and break through EMA (25), it may start a rebound. Otherwise, if it falls below the support below, the downward trend may continue.

Strategy suggestions

• If you are a short-term investor, you can consider entering the market to go long when the price breaks through 0.00117.

• If you are a long-term investor, it is recommended to wait for a clearer reversal signal, such as a price break through EMA (99).

• ​​Set a stop loss, and it is recommended to stop loss below 0.00085. #neiro #meme板块关注热点