$NEIRO

### Key Indicators:

1. **Moving Averages (MA):**

- MA(7): 0.00166569

- MA(25): 0.00166866

- MA(99): 0.00157020

- Price is currently near the MA(25) and above the MA(99), suggesting a consolidation phase.

2. **MACD:**

- DIF: 0.00001137

- DEA: 0.00001709

- MACD Histogram: -0.00000572 (shows a slight bearish divergence)

3. **RSI(6):** 49.74 (neutral level, neither overbought nor oversold)

4. **Volume:** Recent increase in volume, which could indicate a potential price movement.

### Market Sentiment:

- **Short-Term Trend:** Neutral to slightly bullish due to consolidation near the 25-period MA, with price above the 99-period MA.

- **MACD Bearish Divergence** suggests potential weakness in momentum.

- **RSI in Neutral Zone**: No clear overbought or oversold conditions, but it can easily shift with volume.

### Entry & Exit Recommendations:

#### Strategy A (Long Entry):

1. **Entry Point:** 0.00167000 GBP (current consolidation level)

2. **Stop-Loss (SL):** 0.00164000 GBP (below recent lows)

3. **Take-Profit (TP):**

- TP1: 0.00170000 GBP

- TP2: 0.00175000 GBP

- TP3: 0.00180000 GBP (strong resistance level)

- **Trade Duration:** Short-term (1-2 hours) if TP1 is achieved, medium-term (4-6 hours) if the trend continues.

#### Strategy B (Short Entry):

1. **Entry Point:** 0.00166000 GBP (if price drops below MA(25) significantly)

2. **Stop-Loss (SL):** 0.00168000 GBP (above recent high near MA(7))

3. **Take-Profit (TP):**

- TP1: 0.00163000 GBP

- TP2: 0.00160000 GBP (approaching MA(99))

- TP3: 0.00155000 GBP (strong support level)

- **Trade Duration:** Short-term (1-2 hours) if TP1 is achieved, medium-term if trend continues.

### Contingency Plans:

- **If signals go against:**

- **Plan A:** If the price drops by 1% from the entry without reaching TP1, consider closing half the position to manage risk.

- **Plan B:** For a long position, if price falls below MA(99), exit the position completely.

- **Plan C:** For a short position, if price rises above MA(25) and RSI crosses 50, exit.

- **Plan D:** Use a trailing stop after reaching TP1 to secure profits if the price reverses.

### Recommendation Summary:

- **Long position** if price breaks above MA(25) and RSI crosses 50, targeting up to 0.00180000 GBP.

- **Short position** if price breaks below MA(25) significantly, targeting down to 0.00155000 GBP.

***DYOR***

#followers #BinanceBlockchainWeek #PhantomOutage #USJoblessClaimsDip #Dyor2024