After an astonishing 46.46% surge in just one week, the price of $NEIRO is soaring, significantly outperforming other meme coins. In the last 24 hours alone, NEIRO has surged by 14.11%, with trading volume for meme coins skyrocketing by 48.04% to an impressive $1.17 billion.

A notable whale, previously invested with $145 million in Shiba Inu, has now shifted their attention to NEIRO. After exiting a less profitable investment, this whale has acquired 841.6 million NEIRO tokens for $1.45 million, boosting their total holdings to 3.85 billion tokens, valued at approximately $6.51 million. This strategic maneuver has yielded a remarkable 67% unrealized profit, translating to $2.67 million.

Current technical indicators indicate that NEIRO is in a consolidation phase after its remarkable ascent. The symmetrical triangle pattern hints at a potential breakout, with current trends pointing toward a favorable outcome. The Relative Strength Index (RSI) is robust at 60, and the Chaikin Money Flow (CMF) demonstrates significant inflows at +0.1.

While momentum may have slightly waned, it’s essential for NEIRO to remain above the 20-day Exponential Moving Average (EMA) to sustain its growth trajectory. A breakout above the pattern’s upper resistance could extend the rally, initially targeting $0.001878 and potentially reaching $0.0023 in the near term.

Long-term forecasts suggest a 10x growth potential and a $1 billion market cap. With whales continuing to invest heavily in NEIRO, its future prospects are looking increasingly bright!

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