NEIRO/USDT Analysis – Target Path: $0.0024
NEIRO/USDT is exhibiting bullish signs with a subtle recovery from a recent dip. After touching a low of $0.00191399, the price is stabilizing above $0.00204, indicating a potential rebound.
**Key Indicators:**
- **Bollinger Bands:** The contraction suggests reduced volatility, signaling possible breakout potential.
- **MACD:** Negative divergence but stabilizing, implying bearish momentum might be weakening.
- **RSI (6 & 12):** Hovering near 46 and 48, indicating neutral momentum but leaning towards a bullish reversal as the oversold region nears.
The **moving averages (MA5 & MA10)** align with an upward correction, with the **volume spike** confirming accumulating interest. The **Wm%R** at -50 hints at a neutral zone, ready to pivot.
### Prediction:
NEIRO could test the upper Bollinger Band, projecting **$0.0024** as a near-term target if buying pressure sustains. However, caution is advised if it breaks below **$0.002**, as the downside could resume swiftly. Traders should watch volume closely for breakout confirmation.