$NEIRO : The Bears Take Charge!
Current Price: $0.00177460 (-13.15%)
• 24H High: $0.00209273
• 24H Low: $0.00170348
Market Insights:
1. Bearish Momentum:
• The price is trending downward, breaking below key support levels.
• Currently trading under all major moving averages (MA7, MA25, MA99), signaling strong bearish sentiment.
2. Volume Surge:
• A significant increase in volume indicates heavy selling pressure as traders exit positions.
3. Support & Resistance:
• Immediate support at $0.001703. A breach below this level could push the price lower.
• Resistance now lies at $0.001941, followed by $0.002092 (24H high).
What’s Next?
• Watch for Reversal Signs: If buyers step in near the $0.001703 support zone, we might see a short-term bounce.
• Bearish Continuation? Sustained selling could lead to further declines if volume persists.
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