$NEIRO USDT TRADING SIGNAL ⚠️📉.
$NEIRO is currently trading at 0.00274185, just below the recent high of 0.00282108. The strong upward movement suggests bullish momentum, although it might approach resistance near the recent high.The RSI is around 69.20, close to the overbought territory, indicating potential caution as the price nears a resistance zone. The 5-period MA is above the 10-period MA, a bullish sign. However, any decline or crossing of these MAs could signal a trend reversal.
Long Position : 📉💯
Enter a buy position if the price breaks above 0.00282108 with a surge in buying volume, as this breakout could indicate continued bullish momentum.
Short Position :$NEIRO 📈🚨.
If the price fails to break above 0.00282108 and starts moving below 0.00261665 with increased selling pressure, this could signal a short-term bearish trend.
Target and Stop-Loss📉.
*Target: For a long position, a potential target would be around 0.00285000 as it may face psychological resistance.
*Stop-Loss: Place a stop-loss slightly below 0.00261665 to manage risk in case of a trend reversal.