$NEIRO /USD Nears Key Support – A Reversal Opportunity in Play?
$NEIRO /USD is trading at $0.00193188, showing a 5.34% increase after a sharp decline from its recent high of $0.00216000. The 15-minute chart highlights a critical support level at $0.00191200, which could act as a potential bounce zone for a short-term recovery.
Traders may consider a long entry around $0.00193200 if the price stabilizes and bullish momentum builds. Take-Profit targets are closely aligned at $0.00195000 (TP1), $0.00197000 (TP2), and $0.00199000 (TP3), allowing for incremental profit-taking. A stop-loss at $0.00191000 ensures minimal risk if the downward trend continues.
With RSI nearing oversold territory and MACD showing potential stabilization, NEIRO/USD could see a recovery if support holds. Watch for volume confirmation to validate a reversal or prepare for further downside below the support zone. Stay cautious yet ready this setup offers a promising short-term opportunity!
