🌠$NEIRO Market Insight
1. Current Price: 0.00175399 USDT.
🌠🌠2. 24h High/Low:
High: 0.00180306.
Low: 0.00165555
3. Volume:
24h Volume: 81.69B NEIRO (141.27M USDT).
4. Market Structure: Consolidation phase with oscillation between key support and resistance levels. A potential breakout is likely in either direction.
🔥🔥Trade Signals
Long Position:
Entry Zone: 0.00168000 - 0.00170000 (near support levels).
Targets:
Target 1: 0.00180000.
Target 2: 0.00186800 (next major resistance).
Stop Loss: Below 0.00165500.
🚫Short Position:
Entry Zone: 0.00180000 - 0.00182000 (resistance zone).
🎯Targets:
Target 1: 0.00170000.
Target 2: 0.00165000.
Stop Loss: Above 0.00187000.
🌠🌠Support and Resistance
1. Immediate Resistance:
0.00180306 (recent high).
0.00186861 (previous swing high).
2. Immediate Support:
0.00165555 (24h low).
0.00162269 (local low visible on the chart).
🌠Indicators Overview
1. Moving Averages (MA):
MA(5) trending above MA(10), indicating short-term bullish momentum.
2. MACD:
DIF: 0.00000800, DEA: 0.00000087, MACD: 0.00000713.
MACD line slightly above the signal line, suggesting mild bullish momentum.
3. Volume:
High volume during price spikes, signaling strong market participation at key levels.
🌠General Market Outlook
Consolidation suggests a breakout may occur soon. Breaching resistance at 0.00180306 could push the price toward 0.00200000.
Breaking below 0.00165555 may lead to a retest
of lower levels around 0.00162000.
Trade with caution, focusing on confirmation of breakouts or breakdowns.