$NEIRO is in a bearish trend with high selling pressure. A break below the support at 0.00170794 could lead to further downside, while a move above the resistance at 0.00204932 could suggest a potential reversal. For now, it might be better to observe the trend and volume movements for signs of a trend reversal before taking a position.
Support and Resistance:
24-Hour High: 0.00204932 USDT, which can be seen as the immediate resistance.
24-Hour Low: 0.00170794 USDT, which serves as a support level. The price recently touched this level and appears to be consolidating just above it.
Breaking below the support could signal further downside movement, while a push above the resistance might indicate a reversal.
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