$neiroeth #NEIROETHUSDT

NEIROETHUSDT Perpetual Long Call Signal:

Entry Price: 0.1150

The price has shown strong recovery momentum, breaking above key moving averages.

Stop Loss (SL): 0.1000

Set below the recent support level to manage risk.

Take Profit (TP) Targets:

TP1: 0.1250

Targeting a further push higher as the price maintains momentum.

TP2: 0.1350

Aiming for a continuation towards previous resistance levels.

TP3: 0.1500

Psychological level and a round number target for extended gains.

TP4: 0.1650

Capturing full upside potential if the rally continues.

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Why Long?

Strong Recovery: The price has bounced back sharply from the lows with high volume, indicating strong buying interest.

Overbought RSI: RSI is at 81.28, signaling strong momentum, but caution is warranted as it may also indicate a potential pullback soon. However, the negative funding rate suggests that shorts are paying longs, which can lead to further upward pressure if a short squeeze occurs.