$NEIRO – NEIRO/USDT (15-Minute Chart) 📊
Trend and Support:
After a significant bearish movement, the asset found support near 0.00162289 and is currently trading at 0.00169095 🔄.
Closest resistance identified at 0.00175000, which may serve as a test of strength in the short term.
Indicators:
Bollinger Bands: Narrowing bands indicate low volatility, suggesting the possibility of a future explosion 📉➡📈.
RSI: Marking 59, indicating moderate buying momentum ⚖️.
MACD: Crossing near the zero line, with no clear bullish or bearish signal 🟠.
Wyckoff:
The asset may be in the accumulation phase, with the formation of a base for potential growth. If it breaks 0.00175000, it is possible to observe the beginning of a new uptrend 💎.
Points of Attention:
Region of 0.00165000 as a key support for possible corrections.
Volume remains modest, which may make it difficult to confirm immediate breakouts 🚦.
Market:
🐋 Whales: Possibly monitoring the breakout of 0.00175000 for significant trades.
📈 Smaller traders: Should be cautious and wait for clearer signals before making large entries.
⚠️ Monitoring resistance levels and expanding volume is crucial to validate the direction of the movement.
Disclaimer: This analysis is not a financial recommendation.