Brothers, let me analyze the current trend of NEIRO to see whether this sharp drop is an opportunity or a risk.
Price changes:
NEIRO price fell 19.15% in a short period of time, showing that there is a strong bearish sentiment in the market.
RSI = 14.21 This value indicates that the market has entered a severely oversold range. Historical experience shows that short-term rebound opportunities are likely to occur in this situation. Short-term MA (5-day moving average): The current price is still below the short-term moving average, indicating that the downward trend has not ended.
The decline is accompanied by an increase in trading volume, which may indicate that there is a large selling pressure in the market. It may also be a signal that funds are looking for a reversal opportunity. The key is to observe whether there are signs of stopping the decline and rising next.
Tian Ge's strategy: short-term rebound or wait and see?
1. Short-term rebound opportunity
Oversold repair logic
When RSI is extremely low, there is usually a rebound demand. You can try short-term long orders with a light position in the current price area, but you need to strictly stop loss (such as another 5% drop). Observe the key resistance level: If NEIRO can break through the short-term MA (5-day moving average), it may open up room for rebound.
2. Hold the wait-and-see position
If the sell-off continues to expand, it is recommended to wait for the market sentiment to cool down and wait until the price stabilizes before entering the market. The support range can pay attention to the bottom price of the previous round.
The trend continues, and the current short-selling momentum is very strong. If there is no buying support, the price may continue to bottom out. Market environment: Whether the market is stable has a great impact on the rebound of NEIRO, and we must pay attention to the overall market sentiment.
Summary
Tian Ge suggests that aggressive brothers can fight for short-term rebounds, but they must do a good job of stop loss defense, and conservatives can wait and see, waiting for the market to stabilize before taking action.
NEIRO, a currency that falls sharply and rises sharply, is often a stage for masters to show their operations, and we must act accurately!
Tian Ge’s fan group will track NEIRO’s movements in real time. If there is a new signal, Tian Ge will remind you immediately! 🚀
