$NEIRO $NEIRO $NEIRO

📊 NEIRO/USDT Technical Analysis: Price Rebound or Further Decline?

The NEIRO/USDT pair has witnessed a significant recovery from its 24-hour low of 0.00182220, now trading at $0.00200793, though still down by -9.09%. This recent price action suggests strong support around 0.00182220, where buyers stepped in to halt the decline.

On the upside, resistance is visible near the recent high of 0.00220862, which must be broken to confirm a bullish reversal. Traders should watch for a clean breakout above this level for a potential entry point.

An ideal entry strategy could involve buying near the support area if the price revisits it or entering on a breakout above resistance, confirming upward momentum. Keep an eye on volume for added conviction, as the market seems volatile with significant activity (207.22B NEIRO in the last 24 hours).

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