$NEIRO Short Liquidation Alert
đč Liquidation Amount: $5,317.3
đč Price: $0.00092
This liquidation suggests that short sellers are being squeezed, and the price might continue to rise as a result. Here's a detailed trading strategy for NEIRO, tailored for you:
Buy Zone
â Entry Point:
Between $0.00085 and $0.00092 (accumulate in this range).
This range is ideal for taking positions before the next potential move up.
Target Zones
đŻ Target 1: $0.0011 (Short-term profit)
đŻ Target 2: $0.0014 (Mid-term resistance)
đŻ Target 3: $0.0018 (Potential breakout level)
Stop Loss
â Stop Loss: $0.00075
If the price falls below this, the trend might reverse, so it's better to exit to minimize losses.
Strategy Notes
1. Volume Check:
Watch trading volume closely. A strong volume confirms a solid uptrend.
2. Market Sentiment:
Stay updated on news or developments about NEIRO. Positive updates can fuel further gains.
3. Risk Management:
Never risk more than 2-3% of your portfolio on a single trade.
4. Trailing Stop-Loss:
As the price reaches higher targets, consider moving your stop loss to lock in profits.
Final Thoughts
With shorts being liquidated, momentum could favor buyers in the short term.
Stay disciplined and avoid emotional trading.