$NEIRO 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 : (𝗥𝗘𝗧𝗘𝗦𝗧)
#BinanceMegadropSolv #BinanceHashRateSurge
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Key Zones Identified:
1. Discount Zone (Highlighted in Orange):
Price: ~$0.00086209 – $0.00091187
This region represents a potential demand zone where buyers may step in. The drop into this zone would represent an approximate 11.52% correction from the equilibrium (EQ) level.
2. Equilibrium Level (EQ):
Price: ~$0.00100001
This is a significant level of market balance and could act as a magnet for the price, indicating a potential retest zone.
3. Retest Area (Golden Zone):
Price: ~$0.00110000 – $0.00114000
This upper zone represents a possible resistance level where the price may face rejection after a retracement.
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Price Projections:
1. Bearish Scenario:
If the price breaks below the EQ and dips into the discount zone, it could signal further selling pressure. However, this zone may provide significant support, leading to a reversal if buyer momentum returns.
2. Bullish Scenario:
If Bitcoin (BTC) maintains stability and avoids sharp corrections, NEIRO has the potential to retest the golden zone above $0.00110000.
A successful break above this zone could ignite bullish momentum, pushing prices higher.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research before making trading decisions.