Is there a hidden mystery in the NEIRO trend?
Opportunities for rebounds in a downward trend, a complete analysis of short-term trading suggestions!
Should we position at low levels or continue to observe? Take action after reading!
Market Analysis
NEIRO is currently in a continuous downward channel, with significant selling pressure and slightly subdued market sentiment. However, after several attempts to find the bottom, some funds may be looking for potential rebound opportunities. For short-term investors, choosing key support levels for positioning may be a good strategy.
Support and Resistance
• Support Levels: 0.000920, 0.000890, 0.000850
• Resistance Levels: 0.000960, 0.001000, 0.001050
Short-term Trading Strategies
1. Long Position Plan
• Entry: 0.000930
• Add Position: 0.000900
• Stop Loss: 0.000840
• Take Profit: 0.000960, 0.001000, 0.001050
2. Short Position Plan
• Entry: 0.000960
• Add Position: 0.001000
• Stop Loss: 0.001060
• Take Profit: 0.000930, 0.000900, 0.000850
My Prediction
I am more inclined to go long. Although we are currently in a downward channel, the probability of a rebound near the support levels is relatively high, and caution should be exercised when choosing support points for gradual positioning.
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