$NEIRO Coin Recommendations 🪙
1. Price action 📉📈
Current price: 0.00173309 (+1.99%).
The price is stable after a strong upward wave that reached the highest level at 0.00311729, then started correcting.
The current support at 0.0015 represents a strong area for price resistance, while the immediate resistance is at 0.0020.
---
2. Moving Averages (MA) 📊
MA(7) (Short Moving Average): 0.00177317
The current price is below the average, indicating short-term selling pressure.
MA(25) (Mean Average): 0.00203849
It represents a current resistance, and breaking it upwards may push the price up again.
The general trend is currently slightly bearish due to the correction, but any reversal will require strong trading volume.
---
3. Relative Strength Index (RSI) ⚖️
Current value: 38.42
It is located in the moderately oversold zone, indicating that the asset is close to strong support levels.
If it drops further to levels of 30 or below, it will be a clear signal of oversold conditions and a potential buying opportunity.
---
4. Stochastic Indicator 🔄
K% = 19.85 and D% = 20.32
The indicator is in the oversold zone (below 20), which supports the possibility of an imminent price recovery.
Watch out for any bullish crossover between the two lines, as it could indicate the beginning of a buying wave.
---
5. MACD Indicator 📈📉
Difference (DIF): -0.00003997
DEA: 0.00002221
The indicator is currently showing weak momentum, and the lines are close together, which means a strong price movement is coming.
Any bullish crossover could be a strong buy signal.
---
6. Trading Volumes 🔍
Current volume shows a slight decline compared to previous periods, indicating weak momentum.
High volume with a break of the resistance at 0.0020 would be a positive signal to enter.
---
Recommendations 💡
1. Purchase:
If the price breaks the 0.0018 level steadily and with an increase in trading volumes.
It is preferable to target 0.0020 and then 0.0025 as initial targets $NEIRO .
2. Sale:
If the price breaks the support at 0.0015, targeting 0.0012 as a new major support level.
3. Monitoring strategy:
Wait for a clear signal from the RSI or MACD to confirm the entry.
Follow news related to the project as it may affect the price suddenly.
Support and resistance 🔑
Current support:
0.0015 (strong support).
0.0012 (minor support).
Current resistance:
0.0018 (short term resistance).
0.0020 (major resistance).
🚨 Disclaimer: This analysis is not financial advice. Do your own research before making any investment decisions.