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$NEIRO , after a significant drop, it has been fluctuating sideways for nearly two weeks in the price range of 90-100. In terms of net long and short positions, longs have been gradually increasing over the last week, rising from 36 billion to 44 billion (Binance), and other exchanges should be experiencing similar changes. There is also a trend of decreasing shorts. This is a good sign.
The changes in positions and inflows in the last 24 hours can only be described as average, with a 7% increase. There hasn't been a large increase in holdings and inflows. If we were to wait for that, it would already be considered a rally. In this sense, being bullish feels slightly like a stealth move.
The 4-hour K-line has a bottom signal at the price of 91. It is about 10% away from the current price.
From the 12-hour chart, the shape looks quite good, and a rebound is likely. The daily line is currently stable above the 7-day EMA; if there is no significant drop in the next few hours.
If there are no positions at lower prices, one could place a limit order for a certain pullback (for example, a 50% retracement from the bottom to halfway now, at 95-96). 985 is also a good point (the 21 EMA on the 4-hour chart).
Chasing the price now is not too high; managing your position well and setting an acceptable loss is also fine, depending on personal preference.
The changes in positions and inflows in the last 24 hours can only be described as average, with a 7% increase. There hasn't been a large increase in holdings and inflows. If we were to wait for that, it would already be considered a rally. In this sense, being bullish feels slightly like a stealth move.
The 4-hour K-line has a bottom signal at the price of 91. It is about 10% away from the current price.
From the 12-hour chart, the shape looks quite good, and a rebound is likely. The daily line is currently stable above the 7-day EMA; if there is no significant drop in the next few hours.
If there are no positions at lower prices, one could place a limit order for a certain pullback (for example, a 50% retracement from the bottom to halfway now, at 95-96). 985 is also a good point (the 21 EMA on the 4-hour chart).
Chasing the price now is not too high; managing your position well and setting an acceptable loss is also fine, depending on personal preference.
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NEIRO
0.00107276
-3.47%
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