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#Neiro @First Neiro on Ethereum

Certainly, let's analyze the chart to predict the next move for NEIRO.

**Observations from the Chart:**

* **Downward Trend:** The overall trend seems to be bearish, with the price consistently moving lower.
* **STOCHRSI:** The STOCHRSI is very low, indicating that the asset might be oversold.
* **Moving Averages:** The price is below both the 5-minute and 10-minute moving averages, which reinforces the bearish sentiment.

**Potential Next Move:**

Given these observations, the next move for NEIRO could be:

* **Further Downward Movement:** The downtrend might continue, especially if the selling pressure persists.
* **Potential Reversal:** The oversold conditions could lead to a short-term price bounce or retracement. However, this doesn't necessarily negate the overall bearish trend.

**Example:**

* **Short-term Bounce:** Price could rise to around 0.0007900 - 0.0008000 before resuming the downward trend.
* **Continued Downward Movement:** The price could continue to fall, potentially reaching levels around 0.0007500 or lower.

**Important Considerations:**

* **Market Volatility:** Crypto markets are highly volatile. Sudden price swings can occur, potentially erasing any profits or even leading to losses.
* **External Factors:** Global economic events, regulatory changes, and news related to cryptocurrencies can significantly impact the price of NEIRO.