$NEIRO Currently, the price of NEIRO coin (NEIRO) is trading at $0.00166. Technical analysis for December 11, 2024, shows:
1. **Support and Resistance:**
- The nearest support level is $0.0016326. If the price drops below this level, it may continue to fall towards $0.00141209.
- The main resistance level is $0.00186394. If the price surpasses this threshold with strong trading volume, it could trigger a new upward trend, targeting $0.0019000.
2. **RSI (Relative Strength Index):**
- The RSI is currently neutral, around 59.39, indicating that NEIRO is neither overbought nor oversold. However, the slight downward trend of the RSI may signal that the upward momentum is weakening. If the RSI falls below 50, the trend could become more negative.
3. **Moving Averages (MA):**
- In the weekly timeframe, the short-term MA is still trading below the long-term MA, indicating that the long-term trend remains neutral to negative. The price needs to surpass the key MAs to confirm an upward trend.
4. **MACD Indicator:**
- The current MACD has not given a clear signal. A cross below the signal line may indicate strong selling pressure, while a bullish signal will require higher trading volume and more positive momentum.
### Trading Strategy:
- **Uptrend:** A buying position near the support level of $0.0016326 may be considered, targeting the resistance area of $0.00186394.
- **Downtrend:** If the price drops below $0.0016326, traders may consider a selling position, with a target at $0.00141209 or lower.
Note: The information above is for reference only and is not investment advice. Please consider and research thoroughly before trading.#Neirotomoon $NEIRO #MajorAirdropWatch
