🚀 NEIRO/USDT Price Action Analysis: Opportunity Ahead? 🚀

The NEIRO/USDT pair is currently trading at £0.00159588, showing a -4.90% decline. However, the price remains above the 60-period moving average (MA60), signaling a potential bullish trend despite the recent pullback. Key support is identified around £0.00156666, aligning with the MA60. If the price holds here, it could be an excellent entry point for buyers. Resistance lies near £0.00159866, where the market has shown hesitation.

For a strong buy strategy, wait for a confirmation of the price bouncing off the support level, with a target towards breaking the £0.00168000 resistance. However, if the price falls below support, consider staying on the sidelines as the market might undergo a deeper correction. This setup offers an intriguing blend of risk and reward, perfect for strategic traders looking to ride the next wave of momentum! 📈

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