$NEIRO In this chart of NEIRO/USDT on a 1-month timeframe, it is clear that the price Here are some key points:
1. Current price — 0.002214. This is close to the support level that has recently been tested.
2. RSI indicator — is in a neutral position (around 50), indicating a balance between buyers and sellers. This may suggest that the coin is preparing for a reversal or at least a short-term rise.
3. Moving averages — the short-term MA (yellow line) is starting to approach the price, which may signal an attempt to recover. However, the MA(99) (purple line) is still far away, indicating that the overall trend remains downward for now.
What can be done:
• For buying: If you have a strategy for buying at support levels, you can consider buying at the current level, but set a stop-loss slightly below the minimum (for example, 0.00219).
• To maintain a position: If you are already in a trade, you can wait, as the price may try to test higher levels.
• For selling: If you want to minimize risk and lock in potential losses or small profits, you can sell now or set a take-profit at the nearest resistance levels.
Remember that the cryptocurrency market is volatile, so it is important to always use stop-losses to manage risks.
