NEIRO Weak Trend, Can It Touch the Bottom and Rebound in the Short Term?
Market Analysis
NEIRO's price continues to decline, with bearish forces dominating, and market trading volume shrinking, showing overall weakness. Currently, the price is oscillating at a low level, and we need to wait for confirmation of a rebound signal in the short term.
Support and Resistance Levels
• Support Levels: 0.00156000, 0.00150000, 0.00145000
• Resistance Levels: 0.00168000, 0.00175000, 0.00180000
Short-term Trading Strategy
Long Position Strategy:
• Entry Point: 0.00156000
• Add Position Point: 0.00150000
• Stop Loss Point: 0.00144000
• Take Profit Targets: 0.00168000, 0.00175000, 0.00180000
Short Position Strategy:
• Entry Point: 0.00168000
• Add Position Point: 0.00175000
• Stop Loss Point: 0.00181000
• Take Profit Targets: 0.00156000, 0.00150000, 0.00145000
My Prediction
From the current trend, NEIRO's bearish forces are strong, and the rebound strength is limited. The price is expected to further decline, and in the short term, it is recommended to primarily short and patiently wait for rebound opportunities after low-level support.
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