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$NEIRO Currency Recommendations:
Technical indicators:
1. Current price: 0.00220976, up +5.16%.
2. Relative Strength Index (RSI): 48.91, indicating that the market is currently in a balanced position between buyers and sellers.
3. MACD Indicator: Positive at 0.00001104 with a positive crossover between the signal line and the MACD line, indicating moderate bullish momentum.
4. Moving Averages (MA) Levels:
MA(7): 0.00225086 (short-term resistance level).
MA(25): 0.00217070 (nearby support level).
MA(99): 0.00238168 (long term resistance level).
Price trend:
General trend: The price is in a rebound phase after a slight correction attempt, and shows moderate bullish momentum.
Trading Candles: The current candle indicates an attempt by the price to stabilize after a slight decline.
Potential price targets:
Emerging goals:
1. First target: 0.00225086 (resistance at MA(7)).
2. Second target: 0.00238168 (strong resistance at MA(99)).
Downward targets:
1. First target: 0.00217070 (strong support at MA(25)).
2. Second target: 0.00210433 (important previous support area).
Recommendation:
For buyers: Entry can be considered if the price settles above 0.00225086 with positive momentum $NEIRO .
For sellers: Profit can be taken at nearby resistance levels or when clear reversal signals appear.
Additional notes:
The market is showing positive signs, but the purchasing power is not strong yet.
It is better to monitor other indicators or wait for confirmation of the breakout before making major investment decisions.