NEIRO/USDT Strategy: Retest and Bullish Projection 📈
Description of the idea:
The chart shows a technical analysis on the NEIRO/USDT pair in a 1-hour timeframe, highlighting a possible bullish movement based on key accumulation areas and retest.
1️⃣ Stop Taking: A liquidity clean-up was observed in the lower zone, trapping sellers in a false bearish movement.
2️⃣ Maximum Surpassed: After the stop sweep, the price broke a relevant maximum, indicating buyer interest and a possible change of structure.
3️⃣ Accumulation Retest: Currently, the price is in a key retest zone (marked in blue). This level may act as support to resume the bullish trend.
4️⃣ Bullish Projection: If the accumulation zone is respected, we could see a movement towards the levels of 0.0020 and subsequently 0.0021, as buying pressure increases.
---
Action Plan:
Entry: Monitor reactions in the retest zone.
Stop Loss: Below 0.00172 to protect capital.
Take Profit: Targets at 0.0020 and 0.0021.
---
💡 Note: This analysis is educational and does not constitute financial advice. Always manage risk according to your investment profile.