$NEIRO the long liquidation of $8.078K at $0.00096 suggests a significant move that might affect the market. Here’s a breakdown of what to consider next.

Buy Zone.

Ideal Buy Zone: Look for an entry around $0.00090 - $0.00094.

Why this zone. With the liquidation event happening at $0.00096, there might be a dip or correction that brings the price lower into this range. It's a safer entry point before the price potentially moves upward again.

Target Levels.

First Target: $0.00110 (Approximately 16% profit from the buy zone).

Second Target: $0.00125 (A more optimistic target if the price continues to push higher).

Why these targets. These levels are based on prior resistance and market trends, suggesting potential reversal points for profit-taking.

Stop-Loss.

Stop-Loss: Place your stop-loss around $0.00085.

Why this stop-loss. It provides a margin of safety, cutting losses if the price drops below key support and invalidates the bullish trend.

Next Steps.

Watch for Confirmation: Monitor price action around the buy zone. If the price starts to consolidate or show signs of reversal, it might be a good signal to enter.

Volume and Market Sentiment: Pay attention to trading volume; a rise in volume during price recovery will confirm the trend.

Risk Management.

Never risk more than 2-3% of your total trading capital on a single trade. This helps to manage losses in case the trade goes against you.

Conclusion: With a careful entry strategy, setting realistic targets, and a solid stop-loss in place, you can take advantage of $NEIRO’s potential price movement following this liquidation event. Always remember to manage risk wisely.

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