Short-term trends: * Price is rising: Over the past hour, the price of NEIRO/USDT has increased by 0.21%. This indicates a short-term upward trend. * Trading volume increased: The trading volume in the past hour has also risen significantly, indicating investor interest in this pair. Resistance and support levels: * Resistance: The nearest resistance levels may be 0.00164220 and 0.00180000. * Support: The nearest support levels may be 0.00163650 and 0.00159832. Technical chart: * MA line: The short-term moving average (MA) is trending upward, further reinforcing the upward trend. * Candles: Green candles are dominating, indicating stronger buying pressure. Assessment: Based on initial analysis, it can be predicted that the price of NEIRO/USDT will continue to rise in the short term. However, investors need to be aware that the cryptocurrency market is highly volatile and changes can occur at any time. Note: Other factors to consider: * News: News related to the NEIRO project may significantly affect the price. * Fundamental analysis: Assessing the potential of the NEIRO project is also very important. * Market sentiment: The overall market sentiment may also influence the price. Recommendation: * Do not follow advice blindly: Do your own research and make decisions. Advice: * Closely monitor the chart: Update the chart regularly to catch the latest changes. Disclaimer: This information is for reference only and is not investment advice.
• Support: The blue trendline below is acting as the main support, near 0.00100845.
• Resistance: Currently, the price is being suppressed by the downtrend line (orange), it needs to break through the 0.00214002 area to confirm the uptrend.
• Current situation: The price is accumulating in the triangle area, with decreasing trading volume. This could be a price compression phase before breaking out.
Strategy:
• If the price breaks out of 0.00214002 with large volume, it is likely to increase to the peak of 0.00311729.
• If the price breaks through the support of 0.00100845, there is a risk of further correction.
• Pay attention to tight capital management, especially during the period when the market trend is unclear.
Monitor additional news factors or technical signals to inform trading decisions.