$NEIRO/USDT is showing bearish momentum, but the move isn’t super strong.

1.RSI: At 37, it’s close to oversold but not quite there yet, suggesting the selling pressure still has room to push the price lower.

2.MACD: The MACD histogram is in the negative, signaling that the downtrend is still active on this 1-hour chart.

3.EMA: The short-term EMA (0.001644) is below the long-term EMA (0.001680), which confirms the downtrend on this time frame.

4.Current Price: The price is hovering around 0.001567, just under the first resistance at 0.001576. If it can’t break this resistance, the next move could be a drop toward 0.001528, and possibly down to 0.001479.

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