$NEIRO has seen a liquidated long position of $78.1K at $0.001073, suggesting potential downside pressure.
This could be a signal for a bearish trend, offering an opportunity for a short position.
Entry Point:
Enter a short position around $0.001070 to $0.001080 for an ideal setup.
Stop Loss:
Place the stop loss at $0.001100 to manage risk if the price reverses.
Target:
Set the target at $0.000950, where support might emerge.
$NEIRO is showing signs of weakness following the liquidation, and a short position could capitalize on the potential further decline.
Watch the market closely for trend confirmation before entering.