Trend analysis after the boss predicts that the price of $NEIRO will surge by 40%

Over the past 24 hours, NEIRO’s price has experienced a significant price growth of 14.11%. This wave of gains attracted the attention of a certain big boss, and he has begun to pay close attention to NEIRO's developments. In fact, since last Tuesday, the price of NEIRO has increased by 46.46%, far exceeding the 4.71% decline of other "meme coins". At the same time, the transaction volume of Gecoin also surged by 48.04%, reaching 1.17 billion US dollars in 24 hours.

Although the price of NEIRO continues to rise, one big guy who previously made $145 million on Shiba Inu has experienced twists and turns on NEIRO. He initially bought NEIRO, but after holding the currency for a month, due to market fluctuations, he lost 55%, or $14.9 million, so he chose to sell 17.5 million NEIROETH tokens and cash out $12.2 million to stop the loss in time. However, the boss did not give up on NEIRO. He later spent another $14.5 million to purchase 841.6 million NEIRO tokens, increasing his holdings of the asset. Currently, the total amount of NEIRO he holds reaches 3.85 billion, worth $65.1 million, and the unrealized profit is 67%, or $26.7 million, according to SpotOnChain data.

The big man’s accumulation operation was made when NEIRO’s price was about to break out of the symmetrical triangle pattern formed a few hours ago. This trend indicates that NEIRO is consolidating after a sharp rise, and the direction of the breakthrough is still uncertain. However, current signs point to an increase being more likely. Although the gains have slowed somewhat, the Relative Strength Index (RSI) remains strong and remains at the 60 level, indicating a bullish trend. At the same time, the Champ Fund Flow (CMF) is +0.1, which also indicates that a large amount of funds are flowing into the NEIRO market.

The key to NEIRO's continued rise will be whether it can remain above the 20-day exponential moving average (EMA). If NEIRO can break above the upper resistance of the current pattern, it is expected to continue rising. The initial price target is $0.001878, which could set a new all-time high. The short-term cautious target is set at $0.0023, which seems relatively reasonable. However, deeper research shows that NEIRO has 10x long-term growth potential and could reach a market cap of $1 billion.