$NEIRO Neiro Coin (NEIRO) is currently experiencing a mix of movements, making its short-term future somewhat uncertain. Over the past week, its price has dropped by around 15%, but it has shown some recovery in the last 24 hours with a slight uptick of around 5.6% .
In the short term, NEIRO is fluctuating within key support and resistance zones. The critical support level is around $0.00096, and resistance is at $0.001295. If it stays above the support level, there could be a continuation of the bullish trend, possibly pushing the price toward $0.00145 in the coming weeks .
However, market sentiment is mixed. NEIRO remains relatively volatile, trading above both its 50-day and 200-day moving averages, which is a positive indicator, but there are also risks of further dips if the bearish trend strengthens .
In the long run, NEIRO has potential for growth, particularly if it continues gaining traction within the Ethereum ecosystem. Still, investors should be cautious about the risks related to market volatility and broader crypto market conditions . #NEIROUSTD