๐ *#NEIRO* is showing signs of a *potential breakout* from a descending channel โ and that could mean bullish momentum ahead! ๐ฅ
*Current Price:* 0.0003568
*Targets:*
โก๏ธ First:0.00036600
โก๏ธ Second: 0.00038073 ๐
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๐ Whatโs Happening?
- *Descending Channel:* NEIRO has been consolidating in a downward-sloping channel โ a classic setup where price often breaks upward once selling pressure weakens. ๐โก๏ธ๐
- *Buy Pressure Building:* Recent candles show higher lows, suggesting buyers are stepping in. Volume uptick = possible confirmation. ๐
- *Bullish Indicators:* RSI and MACD may be flipping bullish on shorter timeframes, indicating momentum is shifting. ๐๐ง
โ
๐ฎ Analysis:
- *Short-Term Bullish Case:* A confirmed breakout from this channel could push NEIRO to0.00036600 quickly โ a key resistance from earlier this week.
- *Mid-Term Potential:* If momentum continues and BTC stays stable, NEIRO could test $0.00038073 and potentially beyond. ๐งฌ
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โ ๏ธ What to Watch:
- *Fakeouts:* Breakouts without volume can reverse fast. Wait for confirmation (strong close above channel + volume spike). ๐
- *BTC & Market Sentiment:* If Bitcoin dumps, low caps like NEIRO can retrace hard.
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๐ง Summary:
If NEIRO clears the channel with volume, the next leg could be swift. Traders and watchers should have alerts set for that0.00036600 level.
Eyes on the chartโฆ this one might be ready to wake up ๐๐