$NEIRO NEIRO/USDT – Bearish Pressure Continues
Current Price: $0.00084006 (-18.51%)
24h High: $0.00103971 | 24h Low: $0.00082353
24h Volume: NEIRO: 123.76B | USDT: 111.91M
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Technical Overview:
EMA Trends:
EMA(7): $0.00084323
EMA(25): $0.00089304
EMA(99): $0.00099171
The price remains below all EMAs, signaling sustained bearish momentum.
Support Levels:
$0.0008200 (recent low)
$0.0008000 (psychological support)
Resistance Levels:
$0.0008600 (EMA 7)
$0.0009000 (EMA 25 and key resistance)
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Key Observations:
Downtrend Continuation: NEIRO is struggling to recover, with consistent selling pressure driving the price lower.
Oversold Conditions: While the price is near oversold zones, a strong reversal signal is yet to emerge.
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Potential Trade Setups:
🔴 Bearish Scenario:
Entry Trigger: Below $0.0008400
Targets: $0.0008200 (initial), $0.0008000 (extended)
Stop-loss: Above $0.0008600
🟢 Bullish Reversal (High Risk):
Entry Range: $0.0008400–$0.0008500
Targets: $0.0008600 (initial), $0.0009000 (extended)
Stop-loss: Below $0.0008200
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Market Sentiment:
NEIRO/USDT remains under heavy bearish influence, but a recovery attempt could occur if buyers step in near the critical support zone at $0.0008200. Monitor closely for volume spikes or divergence signals for potential entries.