Major Update on $NEIRO :
A long liquidation of $3.5215K occurred at $0.0009, sparking significant market attention and volatility.
Key Details:
$NEIRO is a micro-cap token gaining popularity for its unique use case in decentralized ecosystems.
This liquidation indicates heavy selling pressure as traders exit long positions.
Next Move Prediction:
Bearish Outlook: Price may face more downside if support breaks, but a rebound is possible if buyers step in at key levels.
Support & Resistance Levels:
Support: $0.0008
Resistance: $0.0010
Suggested Trading Plan:
Buy: Consider buying if $NEIRO bounces strongly above $0.0009 with increasing volume.
Sell: Exit or short if the price falls below $0.0008, as it signals further declines.
Hold: Wait for clear direction if the price consolidates between $0.0008 and $0.0010.
Stop-Loss:
Place a stop-loss at $0.00078 to protect your investment from sharp downturns.
Stay alert, as $NEIRO’s low price makes it highly volatile! Adjust your strategy accordingly.