NEIRO/USDT Technical Analysis – Key Levels to Watch

NEIRO has seen a significant rise today, currently trading at 0.00215682 USDT (+23.27%). Here’s a closer look at the technicals and potential targets to watch:

Key Technical Indicators:

24h High: 0.00220000 USDT

24h Low: 0.00172262 USDT

Parabolic SAR (0.02, 0.2): 0.00191863 USDT – This suggests that the trend is still bullish, but the price is approaching a potential reversal point. Keep an eye on this level for a shift in momentum.

Bollinger Bands: Prices have been moving towards the upper band, indicating strong buying pressure. However, volatility could increase.

MACD & RSI: Both indicators show increasing momentum. RSI is nearing overbought levels, signaling a possible short-term correction.

🎯 Target 1: 0.00225000 USDT

This level corresponds to the upper boundary of the Bollinger Bands and aligns with the short-term resistance. If buyers continue to push, we could see this level tested soon.

🎯 Target 2: 0.00240000 USDT

A mid-term target based on Fibonacci extensions. If the bullish momentum continues, this will be a key zone to watch for profit-taking.

🎯 Target 3: 0.00190000 USDT

A key support level marked by the Parabolic SAR and previous consolidation zone. If NEIRO retraces, this could serve as a strong buying opportunity for bulls.

With a 7-day gain of 22.78%, the bullish trend is strong, but keep in mind that pullbacks can occur as indicators suggest overbought conditions. Traders should stay cautious and watch these levels closely for opportunities.

Trade wisely and always set stop-losses to manage risk!

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