$NEIRO Analysis and Trade Plan

The short liquidation of $8.7313K at $0.00103 highlights strong buying activity in $NEIRO .

Here's a complete analysis and trading plan to capitalize on this move.

Market Overview

Current Price: $0.00103

Market Sentiment: Bullish, with buyers gaining strength after the liquidation.

Volume Analysis: Increased volume signals upward momentum could continue.

Key Levels to Watch

1. Buy Zone:

Range: $0.00100 - $0.00102

A pullback to this range offers a low-risk entry.

2. Target Levels:

Target 1: $0.00105 (Short-term resistance)

Target 2: $0.00108 (Mid-range target)

Target 3 (Extended): $0.00110

3. Stop Loss:

Below $0.00098

This level signals weakness and invalidates the bullish outlook.

Trading Plan

1. Entry:

Look for entries within the $0.00100-$0.00102 range during a pullback or consolidation.

2. Exit Strategy:

Book partial profits at $0.00105 and $0.00108.

Hold a portion for $0.00110 with a trailing stop.

3. Risk Management:

Risk only 1-2% of your trading capital per trade.

Use strict stop-loss placement to minimize risk.

Indicators Supporting the Analysis

RSI: Likely in bullish territory, with room for further upside.

Moving Averages: Prices above short-term moving averages signal a strong trend.

Volume Profile: Buy-side dominance supports the potential for higher prices.

Next Price Action Prediction

If $NEIRO holds above $0.00102, it may test $0.00105 or higher. A break below $0.00098 could signal a bearish reversal, with possible support near $0.00095.

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