$NEIRO breaks below $0.0016 support, finding new footing at $0.00153, coinciding with the 0.5 Fibonacci level in the 4-hour timeframe. This level seems to be holding as support, indicating potential buyer interest.
Notably, NEIRO's movement mirrors BTC's upward trajectory, suggesting a positive correlation. Whales may be positioning for another pump, driving prices from $0.0017 to $0.00185 and climbing.
Technical indicators:
- 4-hour RSI: 54.2 (neutral)
- 4-hour MACD: bullish crossover
- 4-hour Fibonacci: 0.5 level ($0.00153) holding as support
Price action:
- Immediate resistance: $0.00185, $0.0020, $0.0025
- Support: $0.00153, $0.00145
Market sentiment:
- Bullish momentum building
- Whales potentially accumulating
Caution:
- Volatility remains high
- Market conditions can change rapidly
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