Technical Analysis: $NEIRO

/USDTAs of October 5, 2024, NEIRO is trading at $0.00096480, experiencing a 9.86% decline in the last 24 hours. Here's a closer look at the price action and potential targets for traders:Current Price: $0.0009648024h High: $0.0010712024h Low: $0.00095852Key Levels to Watch:1. Target 1: $0.00100000 🎯This psychological level serves as a critical resistance point. A breakout above this level could signal renewed bullish momentum, encouraging buyers to enter the market.2. Target 2: $0.00105000 🎯This level represents a significant Fibonacci retracement level. If NEIRO can consolidate above the $0.00100000 mark, reaching this target could attract more traders looking for upward potential.3. Target 3: $0.00110000 🎯The $0.00110000 mark acts as the next major resistance level. A successful push past this target may trigger additional buying interest and set NEIRO on a bullish trajectory.Moving Averages:MA(2): $0.00099877MA(25): $0.00102797MA(99): $0.00097672Conclusion:While NEIRO is currently under pressure, the potential targets provide valuable insights for traders. Keeping an eye on market volume and price action around these key levels will be crucial for determining future movement.Stay updated and trade wisely!