$NEIRO /USDT:

📉 NEIRO/USDT recently saw a steep climb followed by a significant 50% retracement, reaching $0.00038625 after touching a high of $0.00043330. This major decline highlights an overextended rally that corrected sharply.

➡️ The technical indicators, like the moving averages (MA), suggest potential sideways movement in the short term. With the 5 MA below the 10 MA, bearish momentum could dominate. Arrows on the chart also confirm a short-term downward trend as they point to retracement levels.

📊 Trade Signal:

Long trade: Consider entering above $0.00039457 with targets at $0.00042 and $0.00044.

Short trade: Enter below $0.00034973 with targets at $0.00032 and $0.00031.

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