The market is currently trending as a top loser, showcasing a remarkable bearish sentiment.
/USDT Technical Analysis & Target Levels
As of September 29, 2024, the NEIRO/USDT trading pair is currently priced at $0.00105280, reflecting a 12.07% decline over the past 24 hours. Hereâs a closer look at the technical indicators and key target levels to watch:
Current Price: $0.00105280
24h High: $0.00126813
24h Low: $0.00103527
24h Volume: $202.77M
Technical Indicators:
MA(7): $0.00108726
MA(25): $0.00109089
MA(99): $0.00114641
RSI: Indicates potential oversold conditions, suggesting a possible reversal.
MACD: Watch for crossovers that may signal momentum changes.
Target Levels đŻ
1. Target 1: $0.00108000
A recovery to this level may signify a bounce back from recent lows. A break above this target could indicate a bullish reversal.
2. Target 2: $0.00113000
This level serves as a key resistance point. Monitoring volume at this level will be crucial to assess the strength of any upward movement.
3. Target 3: $0.00114600
If bullish momentum continues, reaching this target could confirm the validity of a new upward trend, breaking through previous resistance levels.
Conclusion
Traders should monitor these target levels closely while also keeping an eye on broader market sentiment and volume trends. The NEIRO/USDT pair shows potential for recovery, but caution is advised given the recent volatility.
