$NEIRO

Current Price: NEIRO/USDT is trading at $0.00119143, reflecting a slight increase of +0.53%.200-Period Moving Average (MA): The price is above the 200-period MA, currently at $0.00117849, suggesting an ongoing bullish medium-term trend.VWAP (Volume Weighted Average Price): The VWAP is at $0.00117849, indicating sufficient buying volume supporting the current price levels.Key Indicators:

RSI (Relative Strength Index): The RSI is at 61.59, showing momentum is in bullish territory but not yet in an overbought zone, meaning there might still be room for price appreciation before facing significant correction pressures.

MACD (Moving Average Convergence Divergence):

MACD Line: -0.00000035Signal Line: 0.00002253Interpretation: The MACD line is slightly below the signal line, suggesting waning bullish momentum. If the MACD crosses above the signal line, it could indicate a resumption of stronger upward momentum.

Support and Resistance:

Resistance Levels:

Primary Resistance: $0.00130000, a key historical resistance level that will need to be broken for further upside.Secondary Resistance: $0.00140000, a higher level that could be tested if the bullish momentum continues.

Support Levels:

Immediate Support: $0.00115000, a price level tested multiple times and could act as strong support if the price pulls back.Further Support: $0.00110000, near the 200-period MA, serving as a critical level to maintain the bullish trend.

Bullish Scenario: A break above $0.00130000 would open the path towards $0.00140000 and higher.Bearish Scenario: If the price fails to hold the $0.00115000 level, a move towards $0.00110000 may follow, potentially testing the strength of the current uptrend.


Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making trading decisions.

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