$NEIRO (NEIRO) Technical Analysis
Current Price: $0.00174501
24h High: $0.00204932
24h Low: $0.00170794
24h Vol(NEIRO): 131.87B
24h Vol(USDT): 248.67M
Market Outlook:
The NEIRO chart shows a bearish trend with a potential downward movement. The price has broken below the support level of $0.001800, indicating a strong bearish momentum.
Trade Strategy:
Long Trade:
* Entry: $0.001800 (Previous Support)
* Target: $0.002000
* Stop Loss: $0.001600
* Leverage: 2x
Short Trade:
* Entry: $0.00174501 (Current Price)
* Target: $0.001500
* Stop Loss: $0.001900
* Leverage: 2x
Conclusion:
NEIRO is currently in a bearish trend, and the price is likely to continue its downward movement. Short positions are recommended with a target of $0.001500 and a stop loss of $0.001900. However, traders should be cautious as the market is volatile, and the price could reverse direction.