🚨NEIRO is Heading to the Moon! Here’s Why!🚨

NEIRO's 4-hour chart is showcasing significant price activity near volume-heavy zones, with a clear volume profile revealing potential support and resistance points. Here's what to look for in the immediate term:

📉 Current Price Action: NEIRO is trading at the lower end of the recent volume range, which could signal a potential breakdown if it loses key support levels.

📊 Value Area High (VAH) and Low (VAL):

mVAL (Most Recent VAL): 0.0021650 USDT

wVAL (Weekly VAL): 0.0020700 USDT

These levels indicate high-volume support areas. A break below could trigger more downside pressure.

📈 Volume Profile Analysis: A large volume buildup around 0.0024-0.0026 USDT shows previous strong interest. If price revisits this area, expect possible resistance or consolidation.

🟢 VWAP (Volume-Weighted Average Price): Currently positioned at 0.0015482 USDT. This level often acts as a mean reversion point, where buyers may step in if the price dips further.

📍 Price Momentum: With several red candles and current price near mVAL, momentum is leaning bearish. A breakdown below mVAL could potentially drive the price down to wVAL or lower.

⚠️ Support Levels to Watch:

Immediate support at mVAL (0.0021650).

Key support at wVAL (0.0020700) and TWAP (0.0015482).

🔴 Resistance Zones: If NEIRO bounces, it will likely face resistance around the 0.0026-0.0028 USDT range, where previous high volumes occurred.

💬 Takeaway: NEIRO is at a critical juncture. Traders should monitor these levels closely, especially if it breaks below the immediate support at mVAL. A bounce could provide a short-term trading opportunity, while a breakdown might suggest further downside potential.

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