$NEIRO NEIRO/USDT Trading Signal - Heavy Selloff, Eyeing Recovery Zones
Current Price: $0.00096705
EMA Trends:
EMA(7): $0.00101703
EMA(25): $0.00104756
EMA(99): $0.00106016
Observation:
NEIRO/USDT has dropped by 12% in the last session, breaking below all major EMAs. The price tested a low of $0.00094655, indicating heightened selling pressure. A recovery above EMA(7) will be critical to regain any short-term momentum.
Potential Strategy:
Entry Range: $0.00096000 - $0.00098000
Targets:
Target 1: $0.00101000 (EMA(7) Retest)
Target 2: $0.00105000 (EMA(25) Retest)
Stop Loss: $0.00094000
Key Insights:
If NEIRO/USDT stabilizes above $0.00096000, a rebound toward EMA levels is possible. Monitor volume for signs of recovery. Secure partial profits at $0.00101000 and adjust stop-loss to breakeven after reaching the first target. A break below $0.00094000 could signal further downside.
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