$NEIRO #Binanceus #Everyone #follower

NEIROUSDT on a 15-minute timeframe, here’s an analysis based on the indicators shown:

### Technical Analysis:

1. **Price Action:**

- Current Price: 0.0011589

- The price has seen a recent spike to 0.0013800 but retraced sharply, currently testing lower levels around 0.0011248.

2. **Moving Averages (MA):**

- **MA(7):** 0.0011643 (Price is currently slightly below the 7-period MA, indicating potential short-term weakness).

- **MA(25):** 0.0012330 (Price is below the 25-period MA, suggesting a bearish sentiment in the medium term).

- **MA(99):** 0.0011778 (The price is also below the 99-period MA, which further confirms a bearish trend).

3. **MACD:**

- DIF: -0.0000238

- DEA: -0.0000109

- **MACD:** -0.0000129 (This is bearish, and the histogram bars indicate increasing downward momentum).

4. **RSI:**

- RSI(6): 33.19 (This is approaching the oversold region, which could indicate a possible bounce back, but the trend is still weak).

5. **Volume:**

- There's a decline in volume after the spike, indicating that the recent move may have lost momentum.

### Strategy:

#### Long Position (For a bounce):

- **Entry Point:** Around 0.0011248 (consider this as a potential support level where the price may bounce).

- **Stop-Loss (SL):** 0.0011000 (just below the current low to protect against further downside).

- **Take-Profit (TP):**

- First Target: 0.0012330 (MA25 level).

- Second Target: 0.0012800 (recent resistance).

#### Short Position (Bearish Momentum):

- **Entry Point:** 0.0011650 (close to the MA7, where the price may fail to break above).

- **Stop-Loss (SL):** 0.0012000 (above resistance).

- **Take-Profit (TP):**

- First Target: 0.0011000 (psychological support level and potential reversal zone).

- Second Target: 0.0010500 (further support in case of a strong downtrend).

### Trade Duration:

- This trade is short-term, likely to play out within a few hours to a day, depending on how quickly the price approaches the target zones.

### Outlook:

The overall trend seems bearish, but with the RSI nearing oversold territory, a bounce is possible before resuming the downward trend. If you're aiming for the price to go down to 0.0011000, the short position seems favorable, but keep an eye on volume and RSI for signs of reversal.