$NEIRO /𝐔𝐒𝐃𝐓 𝐄𝐲𝐞𝐬 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐀𝐦𝐢𝐝 𝐁𝐞𝐚𝐫𝐢𝐬𝐡 𝐏𝐫𝐞𝐬𝐬𝐮𝐫𝐞: 𝐊𝐞𝐲 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐋𝐞𝐯𝐞𝐥𝐬 𝐢𝐧 𝐅𝐨𝐜𝐮𝐬

$NEIRO /USDT is currently trading at $0.00201179, with a 24-hour change of +0.61%. The chart shows a downtrend from the recent high of $0.00233333, reflecting short-term bearish pressure. However, the price has bounced from the 24-hour low of $0.00182220, indicating potential buying interest at lower levels.

The immediate resistance at $0.00208660 needs to be broken for a bullish continuation, with the next significant resistance at $0.00223333. On the downside, a failure to hold the $0.00182220 support could trigger further declines, potentially targeting $0.00179664 or lower.Volume analysis suggests that selling pressure has been stronger, but buyers are attempting to re-enter the market, as indicated by the green candles forming a consolidation phase.

The short-term moving averages likely act as dynamic resistance, with the RSI nearing oversold levels, hinting at a possible reversal if buying momentum increases.

Overall, while the short-term outlook remains cautious, a breakout above key resistance levels could signal a trend reversal, whereas failure to hold support would increase downside risks.

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