After a strong rally from 0.00007500 to 0.00009000, it's currently consolidating around the 0.00008000 support level. Here’s what’s happening:
- **15-Minute Chart**: Neiro surged and is now testing support, with the short-term SMAs aligning closely. A breakout above 0.00009000 could push it to 0.00010000!
- **5-Minute Chart**: Momentum is still bullish, though slowing down. Watch for a breakout or a dip – a fall below 0.00008000 might send it towards 0.00007000.
- **MACD**: Still bullish, but momentum is weakening. Keep an eye on support at 0.00008000.
- **Volume**: Peaked at 15.74B but is tapering off. Demand was strong, but traders could be waiting for the next move.
Neiro is at a crucial point – a bounce off support could lead to higher highs, but a break below might test lower levels. What’s your strategy? Pump incoming or more consolidation?
