$NEIRO /USDT Technical Analysis and trading signal šŸš€ šŸš„ šŸš„

Market Snapshot

Current Price: $0.00117456

24h High: $0.00141643

24h Low: $0.00110000

24h Change: -16.84%

Volume (NEIRO): 139.17B

Volume (USDT): $176.08M

Key Support and Resistance Levels

Support 1 (S1): $0.00110000

Support 2 (S2): $0.00105000

Resistance 1 (R1): $0.00120000

Resistance 2 (R2): $0.00125000

Technical Indicators

1. SAR: $0.00112241 (Indicating slight bullish recovery possibility).

2. RSI (Relative Strength Index): Below 40 (Oversold zone, potential for upward bounce).

3. MACD: Bearish divergence slowing, signaling weakening downward pressure.

Trade Setup and Signal

Momentum: Neutral to Slightly Bullish (Potential recovery from oversold conditions).

Trade Plan

1. Entry Zone: $0.00115000 - $0.00117500

2. Stop-Loss: $0.00109000 (Below key support at $0.00110000).

Targets šŸŽÆ

Target 1: $0.00120000 (+2.2%)

Target 2: $0.00125000 (+6.4%)

Target 3: $0.00130000 (+10.7%)

Trading Notes

1. Monitor closely for a break above $0.00120000 for confirmation of bullish momentum.

2. Increased volume may drive price action; watch for quick reversals.

3. If price falls below $0.00110000, expect extended bearish momentum towards $0.00105000.

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