$NEIRO From the chart shown, here are some key technical indicators that suggest whether the price might be bullish or bearish:

1. Price Trend: The price is currently declining, with the latest candle showing a bearish red candlestick. This could indicate that the trend is bearish in the short term.

2. EMA (Exponential Moving Averages):

The shorter-term EMAs (7 and 25) seem to be sloping downward, suggesting that short-term momentum is bearish.

The 99-period EMA is still above the price, which indicates that the long-term trend might still be bearish.

3. RSI (Relative Strength Index): The RSI value is around 27.88, which is in the oversold territory (below 30). This could suggest that the asset might be oversold and could potentially see a bounce back up, but it is not a guaranteed bullish sign.

4. Volume: Volume is another factor to consider. Although not explicitly detailed here, declining volume with a price drop might suggest weakening bearish momentum. On the other hand, if volume is increasing while the price falls, the bearish trend could continue.

Overall:

Short-term indicators like EMA and the price pattern point toward a bearish outlook for now.

The RSI indicates a possibility for a reversal or a bounce, but that depends on the strength of any upcoming buying momentum.

For confirmation, you should look for further indicators like a price reversal pattern or divergence in RSI, which could confirm a from bearish to bullish.

So, hold.