$NEIRO
Entry Range:
Long: $0.000800 - $0.000820
Short: $0.000750 - $0.000770
SL (Stop-Loss):
Long: $0.000788
Short:$0.000777
TP (Take Profit):
Long: $0.000850 - $0.000940
Short: $0.000720 - $0.000640
📝 NEIRO has experienced a significant daily drop of -14.90%, which has brought the price near a critical support level at $0.000750. The high 24-hour volume-to-market cap ratio (88.96%) indicates heightened trading activity, potentially signaling an impending price movement.
The price action suggests consolidation between $0.000750 (support) and $0.000800 (resistance). A breakout above $0.000800 could trigger a bullish rally towards $0.0009307, aligning with the scalping strategy's upper take-profit levels. Conversely, a breakdown below $0.000750 may result in further bearish pressure, targeting the $0.000720 - $0.000640 range.
Strategy:
For long trades: Wait for confirmation of a breakout above $0.000800 with increased volume.
For short trades: Monitor for a breakdown below $0.000750 with bearish momentum.
Always apply strict stop-loss orders and risk management due to the volatility in NEIRO's price action.
🥂 Trade Here $NEIRO
🚨 Note: Trade at your own risk. Always DYOR (Do Your Own Research).
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