"NEIRO has fallen to the bottom, is it an opportunity or a trap?"
Market analysis:
NEIRO has fallen significantly recently, and the strength of the short side has gradually increased. Under the condition of continuous decline, the bottom area has begun to appear. The trading volume has increased, indicating that there may be signs of bottom-fishing funds in the market in the short term.
Support and resistance levels:
• Support level: 0.0013600, 0.0013400, 0.0013200
• Resistance level: 0.0014400, 0.0015000, 0.0015600
Short-term trading strategy:
Buy strategy:
• Opening point: 0.0013600
• Adding position: 0.0013400
• Stop loss point: 0.0013100
• Take profit target: 0.0014400, 0.0015000, 0.0015600
• Position allocation: 50%-30%-20%
Short strategy:
• Opening point: 0.0014400
• Adding position: 0.0015000
• Stop loss point: 0.0015700
• Profit target: 0.0013600, 0.0013400, 0.0013200
• Position allocation: 50%-30%-20%
My prediction:
NEIRO continues to fall, and is expected to stop falling and rebound in the short term, suitable for low-level longs. If the support level is effectively maintained, the price may rebound slightly.
[I will share the analysis of mainstream coins and altcoins with my brothers every day. You can click on the coin pair label in the article to trade. I wish my brothers and sisters to make a lot of money! ]
