🚀 NEIRO/USDT - Testing Resistance, What’s Next? 🚀

NEIRO/USDT is currently trading at $0.0011323 and approaching a key resistance zone. The price has shown strength, bouncing from multiple Bullish OBs, but faces significant Bearish OB resistance at higher levels.

🔥 Key Observations:

Bullish OBs: Strong buy zones are located around $0.0011155 - $0.0011467, supporting the price's recent upward move.

Bearish OB: There's resistance around $0.0011576 - $0.0011762, where sellers might come in.

Trendline Support: The price is supported by a green upward trendline, indicating a bullish momentum remains in play.

🎯 Long Setup:

🚀 Entry for Long: If you're considering a long position, an entry around $0.0011300 - $0.0011467, near the support and Bullish OB, could provide a favorable risk-reward setup.

🎯 Take Profit Targets for Long:

1. TP1: $0.0011576 — First resistance level where sellers may emerge.
2. TP2: $0.0011762 — Higher resistance, extended profit target.
3. TP3: $0.0012000 — Further breakout level if momentum continues.

🛡️ Stop Loss for Long: Place your stop loss below $0.0011100 to minimize risk while allowing room for market fluctuations.

📉 Short Setup (In Case of Rejection):

🚀 Entry for Short: Consider shorting around $0.0011500 - $0.0011762 if the price shows signs of rejection (e.g., bearish candlesticks or weakening volume).

🎯 Take Profit Targets for Short:

1. TP1: $0.0011155 — Key support and first target.
2. TP2: $0.0010750 — Deeper downside target if selling pressure increases.
3. TP3: $0.0010000 — A significant support level, an extended target for a deeper correction.

🛡️ Stop Loss for Short: Place your stop loss above $0.0011800 to limit risk if a breakout occurs.

📈 What’s Next? The next few moves will be crucial for NEIRO. If it breaks above $0.0011576, a larger rally might follow, but failure to clear the resistance could result in a pullback to test lower support levels. Watch closely for signs of rejection or breakout at these critical zones.

$NEIRO