$NEIRO SIDEWAYS STRUGGLE – DECISION ZONE AHEAD!
$NEIRO is currently trading at 0.00052220, slightly down -0.55% after failing to reclaim upside momentum. The price is moving in a tight consolidation pattern after a steady downtrend, indicating indecision among buyers and sellers.
Support & Resistance Levels:
• Immediate Resistance: 0.00052500
• Major Resistance: 0.00053000
• Immediate Support: 0.00052000
• Critical Support Zone: 0.00050400 – A breakdown below this may trigger further losses
Trade Setup:
Bearish Breakdown Scenario:
If price closes below 0.00052000:
• TP1: 0.00051000
• TP2: 0.00050400
Bullish Reversal Scenario:
If NEIRO breaks and holds above 0.00052500:
• TP1: 0.00052800
• TP2: 0.00053500
Stop-Loss Suggestions:
• Longs: SL below 0.00051800
• Shorts: SL above 0.00052750
$NEIRO is stuck in a decision zone. A breakout or breakdown from this range will likely spark the next major move. Watch volume closely!