📊 $NEIRO /USDT TECHNICAL ANALYSIS
The current price of NEIRO/USDT is 0.00097758. The price has decreased by 0.47% in the last 30 minutes, indicating a bearish trend. The 24-hour high is 0.00107641, and the 24-hour low is 0.00092135.
TRADE SETUP
Short Entry 📉
- Entry Point: 0.00097758
- Explanation: The price is currently in a downtrend, making it suitable for a short entry. The target price is set at a previous support level, while the stop loss is slightly above the recent high to manage risk.
- Target Price (TP): 0.00095000
- Stop Loss (SL): 0.00100000
RISK MANAGEMENT
Use a 1:2 risk-reward ratio to manage potential losses. Adjust position size according to risk tolerance, ensuring not more than 2% of the trading capital is at risk.
INDICATOR PREDICTION
Moving Averages indicate a bearish trend. RSI is likely to be in the oversold region, suggesting potential for further downside.
