$NEIRO is trading at $0.00100233, showing bullish momentum as it approaches its 24-hour high of $0.00105110. The price is testing key resistance and could break out further with sustained buying pressure, or it might pull back to retest support levels.
Trade Setup:
Long Setup:
Entry: Above $0.00105100 (Breakout confirmation)
Stop Loss (SL): $0.00100000
Take Profit 1 (TP1): $0.00110000
Take Profit 2 (TP2): $0.00115000
Short Setup:
Entry: Below $0.00100000 (Breakdown confirmation)
Stop Loss (SL): $0.00102000
Take Profit 1 (TP1): $0.00095000
Take Profit 2 (TP2): $0.00090000
Technical Outlook:
$NEIRO is gaining upward momentum, with a breakout above $0.00105100 signaling strong bullish continuation. However, failure to hold above $0.00100000 could result in a bearish pullback to retest support at $0.00095000 or lower.
Traders are advised to confirm the breakout or breakdown with volume and maintain strict stop-loss levels to manage risk.