๐ Potential Decline Ahead for NEIRO/USDT?
The NEIRO/USDT pair is showing signs of a potential downtrend, with the current price sitting at 0.00116142 USDTโan 8.15% increase from earlier today but still below its 24-hour high of 0.00126933 USDT.
๐ป Key Observations:
The market has pulled back significantly from the recent high, testing the lower levels around 0.00103100 USDT.
Candlestick patterns suggest weakening momentum, with multiple red candles forming a downward trend.
The 15-minute chart shows resistance near 0.00119386, which could pose challenges for a recovery.
๐ What to Watch For:
Support around the 0.00110647 area.
A possible break below this could mean more selling pressure.
Keep an eye on volume indicators to confirm any upcoming trend shifts.
๐ Stay informed and make sure to assess the market conditions before taking any actions!
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