🚀 Technical Analysis: $NEIRO /USDT

Current Price: $0.00101248 (-0.21%)

Timeframe: 30-min chart (Binance)

🎯 Key Targets:

1. Target 1 (Immediate Resistance): $0.00103000

A break above this level could signal short-term bullish momentum, offering quick trading opportunities.

2. Target 2 (Mid-Term Resistance): $0.00105000

Sustained buying pressure could lead to a test of this level, ideal for mid-term profit-taking.

3. Target 3 (Major Resistance): $0.00108000

A breakout above this zone indicates a shift in market sentiment, potentially signaling a bullish continuation.

đŸ”» Support Zones:

Immediate Support: $0.00100000

A crucial level to maintain for stabilizing the current price action.

Critical Support: $0.00098000

A break below this level may lead to further bearish pressure and invalidate bullish setups.

📈 Strategy:

Entry Zone: Accumulate near $0.00100000–$0.00102000 for potential upside or wait for confirmation above $0.00103000.

Profit Zones: Secure partial profits at $0.00103000, $0.00105000, and $0.00108000.

Stop Loss: Place below $0.00098000 to manage downside risk.

🔍 Insights:

Trend: Currently consolidating at key support, showing potential for recovery.

Volume Analysis: Watch for increasing buy volume to confirm potential breakout.

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