NEIRO/USDT Price Analysis: Critical Levels and Trade Setup
NEIRO is trading at $0.001908, down 7.37% over the last 24 hours, but remains up an impressive 100.08% over the past 30 days. This pullback brings the price to a key support level around $0.001900, with resistance seen at $0.002000. These levels are crucial for traders looking to time their entries.
If NEIRO holds above the $0.001900 support, a bounce could spark upward momentum, offering a long opportunity with a potential target of $0.002000 and beyond. However, a break below $0.001860 could indicate further downside, making short positions more favorable as the price could test lower support at $0.001800.
The order book shows 62.95% sell pressure, signaling caution, but this could quickly shift with volume spikes. Overall, traders should stay alert to price action around these key levels and consider risk management as volatility picks up.
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