Neiro Soars 856% After Binance Listing: Is a Correction Coming?

$NEIRO , an Ethereum token, surged 856% in one day after being listed on Binance, reaching an all-time high. Now trading at $0.00040359, with a 24-hour gain of 22.69%, its market cap stands at $166.76 million, and trading volume hit $424.8 million.

While Neiro's price is above the upper Bollinger Band, signaling strong momentum, its RSI of 84.63 suggests it may be overbought, possibly leading to a price correction. Resistance is at $0.0004401, with support at $0.00015806 and $0.00001442.

Though it's uncertain if Neiro will replicate Dogecoin's success, its recent performance has caught investor attention.

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