$NEIRO on the Verge of a Major Move! 🚨📉📈
The price action on the $NEIRO/USDT chart suggests that we could be facing two potential scenarios: a sharp rise or a drastic fall.
📊 Current Price: 0.00119220 USDT (+3.12%)
24h High: 0.00137299
24h Low: 0.00114500
24h Volume: 260.74B NEIRO
🔍 Reasons for a Potential Rise (Green Path):
The price has recently tested support levels near 0.00114500, and we’ve seen some strong buying pressure pushing it back up.
Volatility spike suggests accumulation, which could lead to a breakout if buyers continue to step in.
The overall uptrend in the past hours shows there’s momentum from the bulls, potentially signaling a recovery rally.
📉 Reasons for a Potential Fall (Red Path):
A sudden sharp rejection from the high of 0.00137299 shows that sellers have also entered the market aggressively, which could continue if there’s a lack of new buying volume.
The failure to sustain gains after the recent spike points towards a possible double-top formation, which can signal a downward trend.
Watch for a breakdown of the 0.00114500 level—if it breaches again, expect further downside pressure.
Stay cautious and keep an eye on key levels!
TRADE NOW 👇👇👇
