$NEIRO BOUNCE UNDERWAY BUT STRUGGLING AT RESISTANCE: MOMENTUM FADING OR JUST COOLING?
$NEIRO is currently trading at $0.00052570, down -0.23% on the day. After bouncing off the $0.00052000 zone, the price is pushing slightly higher but now facing resistance near $0.00053000. Buyers are active, but heavy sell walls are limiting upside.
Key Technical Levels:
• Immediate Resistance: $0.00053000 – $0.00053500
A breakout above this zone is needed to shift short-term sentiment bullish again.
• Support Zone: $0.00052000 – $0.00051450
This level provided a strong bounce earlier. Losing it could drag the price down toward $0.00050000.
Trade Setup:
Bullish Scenario:
• Entry: Above $0.00053100
• TP1: $0.00053800
• TP2: $0.00055000
Bearish Scenario:
• Entry: Below $0.00052000
• TP1: $0.00051200
• TP2: $0.00050000
Stop-Loss Guidance:
• Longs: Below $0.00051900
• Shorts: Above $0.00053100
NEIRO is trying to recover but is facing stiff resistance at $0.00053000+. Bulls need to break above this level to confirm strength. A drop below $0.00052000 would tilt control back to the bears.