$NEIRO Breakout Incoming or Rejection Brewing? Tightly Coiled Setup!
$NEIRO is trading at 0.00040392, up a strong +17.03% for the day. Price is pressing into short-term resistance while holding a tight consolidation range—classic breakout conditions. Will the meme-fueled momentum continue?
Key Levels to Watch:
• Resistance Zone: 0.00040500
• Breakout Target: 0.00041500
• Support Zone: 0.00040000 – Losing this could trigger a sharp dip.
Trade Setup – 15M Breakout Strategy
Bullish Scenario (Breakout Entry):
• Entry: Above 0.00040500
• Target 1: 0.00041100
• Target 2: 0.00041500
• Stop Loss: 0.00039800
Bearish Scenario (Failure & Breakdown):
• Entry: Below 0.00039800
• Target 1: 0.00039000
• Target 2: 0.00038200
• Stop Loss: 0.00040600
Volume is decent, but price action is choppy—this could go either way. Wait for a clear breakout candle with momentum confirmation before jumping in.