🚨 NEIRO/USDT Update: What’s Next? 🚨

After NEIRO’s explosive 929% surge following its Binance listing, the meme-coin is now in a correction phase, dropping around 3% in the last 24 hours. The price is hovering near $0.0008742, with heavy trading volumes over $515 million. Despite the dip, the coin remains popular among traders, but it faces strong selling pressure.

🔍 Technicals:

• MACD: Bearish momentum across all timeframes, indicating short-term downward pressure.

• RSI: Oversold levels (~28 on the 5m), suggesting a potential bounce soon.

• Chaikin Money Flow: Capital outflows are still strong, hinting that investors are taking profits.

• Volume Profile: Heavy resistance between 0.0008662 and 0.0008871.

💡 What Does This Mean?

While NEIRO shows short-term weakness, the oversold RSI hints at a potential rebound or consolidation. The market sentiment is still cautious, but the coin’s community is holding strong. If you’re already invested, watch those key resistance levels. For new investors, tread carefully — NEIRO is highly volatile but could present a quick opportunity if momentum shifts.

⚠️ Final Thoughts:

NEIRO is still riding on its meme-coin hype, but volatility remains king. With strong community backing, the right entry could bring quick profits, but caution is advised. Always DYOR and consider your risk tolerance.

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