The $NEIRO /USDT pair has experienced an impressive surge, currently trading at $0.002143, reflecting a significant 32.44% increase in the last 24 hours. The chart displays a solid bullish trend, with NEIRO's price steadily climbing, supported by strong buying momentum. It reached a peak of $0.0022 before consolidating near the $0.00214 range, signaling a potential short-term resistance.
The price action shows the formation of higher lows and consistent upward momentum, hinting at a well-established ascending trend. The successful breach above previous levels, such as $0.00198387 and $0.00173361, confirms the bullish sentiment. Traders should watch closely for a breakout above $0.0022, which could push the token toward new highs. However, if the price retraces, the previous support levels at $0.00160146 could act as crucial zones for a bounce-back.
The trading volume remains elevated, indicating sustained interest, and this could propel NEIRO into further bullish territory. With momentum indicators leaning toward bullish continuation, the next sessions will be pivotal in determining whether NEIRO can sustain its upward trajectory or enter a consolidation phase.
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