After a strong rally from 0.00007500 to 0.00009000, the price is consolidating near the crucial support level of 0.00008000. Here’s what’s happening:
- **15-Minute Chart**: Neiro is testing support after the surge, and the SMAs are suggesting a potential squeeze. A breakout above 0.00009000 could drive it to 0.00010000.
- **5-Minute Chart**: Momentum remains bullish, though it’s slowing. If it drops below 0.00008000, 0.00007000 could be the next target.
- **MACD**: The trend is bullish, but shorter green bars indicate weakening momentum. Keep an eye on the 0.00008000 support.
- **Volume**: After hitting 15.74B, volume is starting to taper off. Traders might be holding back for the next move.
This is a pivotal moment for Neiro. Will it bounce and make new highs, or test lower support levels? What’s your prediction?
