NEIRO

After a sharp drop in price, NEIRO entered a consolidation phase, and market sentiment became increasingly pessimistic. Over the past week, NEIRO faced a tough time, with its stock price falling by 13.73%.

Its ongoing bearish pattern may be consistent with the recent sell-off in the broader market. This suggests that NEIRO may soon face more downward pressure. NEIRO is following a classic bearish pattern characterized by price declines, consolidation, and then declines again.

After this consolidation phase, NEIRO is expected to face a sharp decline, possibly by 47.78%. This would bring its price down to the critical support level of 0.0012033. If these trends continue, NEIRO may soon break out of its consolidation phase and fall further.