$NEIRO Decision Point - Potential for Reversal or Further Weakness?
NEIRO is currently trading at $0.02492. The chart indicates that NEIRO has experienced a recent decline and is now consolidating around a key support level. Its immediate movement will determine if it can find a floor and attempt a rebound or if bearish momentum will push it to lower levels.
Key Levels to Watch:
Resistance: $0.02495 (immediate resistance, just above current price) and $0.02500 (psychological resistance).
Support: $0.02492 (current price, immediate support) and $0.02485 (next strong support below).
Trade Setup - Anticipate a Directional Move!
Bullish Entry: A confirmed move and sustain above $0.02495 could target:
Target 1: $0.02500
Target 2: $0.02510 (approx.)
Bearish Entry: A break below $0.02492 could target:
Target 1: $0.02485 (approx.)
Target 2: $0.02475 (approx.)
NEIRO is consolidating at a key support after a decline. A rebound is possible if support holds, but a breakdown below $0.02492 could lead to further losses.