While many traders are eyeing the current market upswing as a signal to jump in, the most opportune moment for acquiring $NEIRO had already passed, with the ideal window closing a couple of days ago. During that period, the price was experiencing a retest phase, marked by diminishing volume—an indication of cautious sentiment in the market. The price's reluctance to breach the VWAP (Volume-Weighted Average Price) on the daily chart acted as a key buy signal for me, prompting a strategic increase in my position.
Today, the market is simply witnessing a standard price markup phase. Having already secured my entry at a favorable point, I’m now content to sit back and manage my gains by trailing my position. This approach allows me to capitalize on the upward momentum while maintaining a hands-off stance as my profit accumulates.
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