NEIRO/USDT is showing strong bearish momentum with a -6.59% drop, approaching its 24-hour low of $0.00162419. This key level now acts as support, while resistance is seen at $0.00169459 and $0.00192494. The MACD confirms the bearish trend, with no signs of a reversal yet.
However, the 7-day performance is still up by 69.14%, indicating the potential for a rebound. Traders should watch for a bounce at the support level or a breakout above resistance before entering long positions. If the price continues to fall through support, it could signal further downside risk.
To capture the opportunity, consider buying at support with tight stop losses, or wait for a confirmed breakout above $0.00169459 for safer entry. Stay alert for volume spikes that could indicate renewed buying interest!
#moonbix #BinanceLaunchpoolSCR w#BNBChainMemecoins #SCRLaunchpoolStarts! #Write2Earn!
