**$NEIRO /USDT Analysis**
Neiro traders, it is time for you to rise and shine. It is currently trading at **$0.001763**, showing a slight recovery of **+2.01%** in the last 24 hours. Based on the chart, the token appears to be forming an **ascending triangle pattern**, a generally bullish structure.
🔑 **Key Observations:**
- **Higher Lows:** The price has been making higher lows, indicating growing bullish momentum.
- **Resistance Level:** The upper trendline at **$0.00312** acts as a critical resistance zone. A breakout above this level could signal a strong rally.
- **Moving Averages:**
- **MA(7):** $0.00177 (current price is slightly below, suggesting consolidation).
- **MA(25):** $0.00203 (further confirmation needed for trend reversal).
- **RSI (6):** At **41.46**, the token is approaching neutral territory, leaving room for upward movement.
📈 **Potential Scenario:**
If $NEIRO maintains its higher-low structure and volume increases, a breakout above **$0.00312** could potentially lead to a sharp rally, with **$0.00327** as the next target. However, a breakdown below the lower trendline may invalidate this bullish outlook.
**Conclusion:** $NEIRO is showing promising technical patterns. Traders should watch for volume spikes and a breakout confirmation above **$0.00312** for a potential rally. As always, manage your risk accordingly!
