My initial layout was when the price was at 0.0009, and through spot investment, I successfully achieved a doubling of profit.
Looking back at its price fluctuation history, from the peak on October 15 to the low on November 4, the decline was about 48%. Additionally, the drop from the last peak of 31 to around 16 was also about 48%.
From a detailed analysis of the daily trend, we can see that it has shown extremely strong support when it twice dipped near the lifeline position around 162, making it difficult for the price to break downwards.
Therefore, everyone might consider setting limit orders around 165 to seize potential entry opportunities.
The current market situation is extremely grueling, with price fluctuations being erratic, as if caught in a long stalemate.
In this situation, investors must exercise self-restraint and avoid frequent opening positions, as this could likely lead to a chaotic and high-risk trading scenario.
In comparison, taking pin orders is a wiser and safer strategic choice, as it can cleverly capture relatively advantageous trading points when the market price experiences sudden changes, while effectively avoiding unnecessary risk hazards.
From a macro perspective of the larger cycle, the key resistance level that NEIRO currently faces is around 0.2. If this cryptocurrency can successfully stabilize at this key level and achieve an effective breakthrough, then with the strong push of the upcoming meme craze, it is quite possible for its price to further rise to 0.3.
For spot investors, this is undoubtedly a good time to buy confidently, as the potential profit space it entails is very promising.
For moderate traders, considering the significant price volatility of this cryptocurrency, it is recommended to use 2 - 3 times low leverage for trading operations. High leverage, due to its excessive sensitivity to price fluctuations, may lead to a sharp increase in trading risk, so it is not recommended.
I have personally always kept a close watch and followed NEIRO.
In past trading practices, flexibly conducting swing operations on this cryptocurrency has indeed allowed me to experience a unique trading pleasure and sense of achievement.
Although from the current market performance perspective, it seems to be in a relatively sluggish and tepid state, a comprehensive judgment based on the long-term market development trend and its inherent potential characteristics suggests that once the market situation turns, NEIRO will undoubtedly burst forth with strong vitality and explosiveness, bringing extremely rich investment returns to investors.
#市场波动，加仓还是观望？ #美国GDP数据即将公布
