$NEIRO

⭐️Hope everyone gains a lot of value from this article 👍

Below is the technical analysis and trading strategy for the coin **NEIRO** at the current price of **0.00111139 USD** (12/21/2024):

Technical Analysis:

Support and Resistance:

- Support:

The nearest support level is **$0.0010**, this is the price range where the market may bounce back if the price drops significantly.

- Resistance:

The next resistance level is at **$0.0012**, where the price may face strong selling pressure.

Trading Strategy:

Buying Area (Entry):

- Consider buying when the price adjusts to the support range of **$0.0010 - $0.00105** to optimize profits and reduce risks.

Selling Area (Take Profit or Short):

- If the price approaches the resistance area of **$0.0012 - $0.00125**, one may consider taking profits or opening a short position.

Take Profit (TP):

- TP1:** $0.00115 - near the previous resistance level.

- TP2:** $0.0012 - the main resistance level, suitable for fully taking profits.

Stop Loss (SL):

- Set SL at **$0.00095** to protect capital if the price drops significantly below the support area.

Important Note:

- The cryptocurrency market is very volatile; therefore, manage risks closely and adhere to trading principles.

- Monitor news and events that impact the price of NEIRO to adjust your strategy timely.

- This is for informational purposes only, not investment advice. Please research and consider carefully before trading.#neiro #btc $BTC