$NEIRO $NEIRO $NEIRO
š NEIRO/USDT Trading Analysis: Is a Breakout Coming?
Looking at the NEIRO/USDT 5-minute chart, the price has climbed 1.95%, trading at 0.00202700 USDT. Bulls are gaining strength, pushing the price above key moving averages: the MA(7) and MA(25), indicating a potential short-term uptrend. However, resistance is looming around 0.00204404 USDT, where sellers have stepped in.
On the downside, support has formed at 0.00197101 USDT, near the MA(99), offering a potential entry point for those waiting for a pullback.
š Entry Strategy: Traders could look for a bounce off the MA(7) or MA(25) for an entry, or buy at the support level if the price retests it. A clear breakout above 0.00204404 may signal a stronger bullish move. Patience is key in these volatile conditions!
Are you ready to ride the next wave? š
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