Is the rise of NEIRO a rebound or a death struggle?

The current price is 0.00612 USDT, which has risen by 25.92% in the past 24 hours, showing a certain upward momentum. The price rose sharply on July 30, but then fell back quickly, and then entered a long downturn. The trading volume has increased in recent days, but the price remains at a low level, indicating that the market is still looking for a clear direction.

There is currently no data showing the moving average, but judging from the price trend, it may face certain resistance in the short term. The price entered a consolidation phase after falling, and it may face certain pressure in the short term. The trading volume has increased recently, which is usually a precursor to price fluctuations. If the trading volume continues to increase, it may drive the price to rise further.

After the surge on July 30, market sentiment has entered a correction period. The current price level is close to the lowest point, and investors may be waiting for further confirmation signals. There is a certain bottom-fishing sentiment in the market, especially in the rebound period after a long-term price decline, but be careful of potential selling pressure.

If the trading volume continues to maintain a high level, NEIRO/USDT may rebound in the short term, and the target price may be between 0.0065 and 0.0070 USDT. Since the price entered a consolidation period after the previous plunge, the market may not have fully digested the previous decline, and the price may continue to fluctuate around the current level in the short term. If the price fails to break through the key resistance level (such as 0.0070 USDT), it may face the risk of a correction again.

According to the current market performance, NEIRO/USDT may have a chance to rise slightly in the short term, but it is still in a consolidation period with greater uncertainty. Investors are advised to remain cautious and pay attention to changes in trading volume and market sentiment.

In the market fluctuations, seize the rebound opportunity, NEIRO may usher in a new rise!

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