NEIRO/USDT Technical Analysis and Trading Signal šš„
Current Price: $0.00117456
24h High: $0.00141643
24h Low: $0.00110000
24h Change: -16.84%
Volume (NEIRO): 139.17B
Volume (USDT): $176.08M
Key Support and Resistance Levels:
Support 1 (S1): $0.00110000
Support 2 (S2): $0.00105000
Resistance 1 (R1): $0.00120000
Resistance 2 (R2): $0.00125000
Technical Indicators:
1. SAR: $0.00112241 (suggesting slight bullish recovery potential).
2. RSI: Below 40 (in oversold territory, indicating a possible upward bounce).
3. MACD: Bearish divergence slowing, pointing to weakening downward momentum.
Trade Setup and Signal:
Momentum: Neutral to Slightly Bullish (indicating a potential recovery from oversold conditions).
Trade Plan:
1. Entry Zone: $0.00115000 - $0.00117500
2. Stop-Loss: $0.00109000 (below key support at $0.00110000).
Targets šÆ:
Target 1: $0.00120000 (+2.2%)
Target 2: $0.00125000 (+6.4%)
Target 3: $0.00130000 (+10.7%)
Trading Notes:
1. Watch for a break above $0.00120000 to confirm bullish momentum.
2. Increased volume may drive rapid price movements; be mindful of quick reversals.
3. If the price falls below $0.00110000, further bearish momentum towards $0.00105000 is likely.
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