We've been riding $NEIRO 's wave for a week now, and what a journey! We entered at $0.0009, and it's been a wild ride. After hitting a recent high of $0.0022, we're now consolidating around $0.0018.
Support at $0.0015 has held strong, indicating robust demand. We've seen multiple retests, and each time, buyers stepped in. Considering recent price action, the next breakout could lead to:
Immediate target: $0.0025-0.0028
Potential extension: $0.0030-0.0032
However, we can't ignore the recent $REEF collapse (-60%!). Cryptocurrency markets can turn on a dime. Direction can change rapidly.
Trading strategy remains:
Long-term holders: Maintain positions, considering strong support.
Short-term traders: Buy on dips to $0.0018-0.0019 or sell on strength to $0.0022-0.0025.
Risk management is crucial:
Stop-loss around $0.0015 for long positions.
Set take-profit targets at $0.0022, $0.0025, and $0.0028.
Stay vigilant, adjust strategies accordingly. We'll continue monitoring $NEIRO's price action.
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