đ NEIRO/USDT Technical Analysis: Opportunity Ahead? đ
The NEIRO/USDT pair is currently trading at 0.00196191 USDT, down 2.18%, signaling a temporary bearish trend. The 24h high of 0.00226 USDT serves as a strong resistance level, while the 24h low of 0.00195 USDT acts as key support. As prices approach this support, buyers may step in, providing an opportunity for a potential bounce. On the other hand, a break below this level could trigger further downside action.
With 130B NEIRO traded in the past 24 hours, the volume suggests a highly active market. The current price is below the MA60 (0.00198179 USDT), reinforcing short-term bearish sentiment. However, volatility is high, which opens the door for swift price reversals.
đĄ Entry Strategy: Watch for a bullish reversal around the support zone for a potential long entry, or consider shorting if it breaks below 0.00195 USDT. Tight risk management is key in these conditions. Stay sharp!
