#NEIRO🔥🔥🔥🔥

#今日市场观点
#NEIRO🔥🔥🔥🔥
Let’s take a look at the coins-NEIRO
Yesterday, Youzi arranged a short order around 0.00089-0.0009, with a stop loss of 0.00091, a maximum of 0.000908, and a minimum of around 0.000787. The short order made a perfect profit of 940% - nearly 10 times profit. Today, we are striking while the iron is hot and are making a wave.
【NEIRO trend analysis】

K-line pattern: The price has shown an obvious upward trend recently, rising from 0.00035982 to the highest point of 0.000981, and then pulled back. Long upper shadow lines appeared on September 18 and 19, indicating strong selling pressure at high levels.

Technical indicators: MACD: The current data does not provide specific values, but judging from the price trend, MACD should be in the bullish zone, and there may be signs of top divergence.

RSI: The RSI14 is approaching overbought territory (83.56) on the 4-hour period, but has not yet entered extreme overbought conditions. Be wary of possible pullbacks at any time

EMA: EMA7, EMA30 and EMA120 all diverge upward, and the short-term, mid-term and long-term moving averages are arranged in bullish positions, showing a strong upward trend. However, the price has now fallen below EMA7, and we need to pay attention to whether it will further drop to EMA30 or EMA120.

Trading volume: Trading volume increased significantly from September 17th to 19th, especially during the period of rapid price increase, indicating increased market participation. Trading volume has gradually decreased in recent trading cycles, indicating that the upward momentum has weakened and that we need to be alert to potential correction risks.

[NEIRO long and short reference]

Long order: 0.000850 USDT (reason: close to the previous low and close to the EMA30 support level)

Long order: 0.0008 (integer mark, also near the low point of the previous band)

Stop loss level: 0.00078 (20 basis points below buying point two to prevent false breakthroughs)

Short order: 0.001 (integer mark, psychological pressure level)

Short order: 0.00105 (higher than the previous highest point of 0.000981, expected to form a new high)

Stop loss level: 0.00107 (20 basis points above selling point two to prevent false breakthroughs)

Personal analysis, you decide whether to operate or not