$NEIRO According to the screenshot, the price of the NEIRO/USDT coin is currently decreasing, having lost about 7.37% in the last 24 hours. The current price is 0.00218500 USDT. The RSI (Relative Strength Index) indicator shows values around 24.88, which is in the oversold zone (usually below 30 is considered an oversold level), indicating a potential weakening of selling pressure and a potential reversal point if buyers become active.
There is also a strong downward trend visible on the 15-minute chart, where the candles are falling below the major moving average lines (MA7, MA25, MA99), indicating the continuation of selling pressure. The order book shows that sellers are dominant, as the supply percentage is 69.42% against 30.58% demand.
The situation looks bearish, and further price movement downwards is possible if support from buyers does not appear.