Technical Breakdown:
Current Price: 0.00024779 USDT
24H Change: -1.50%
Volume:
NEIRO: 56.38B
USDT: 14.25M
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Key Levels:
24H High: 0.00026180
24H Low: 0.00024441
Immediate Resistance: 0.00025111
Immediate Support: 0.00024441 (recent wick low)
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Indicators:
1. Moving Averages:
MA(7): 0.00024894 (above current price — short-term resistance)
MA(25): 0.00025167
MA(99): 0.00024420 (price just above it — potential long-term support zone)
2. RSI(6): 40.53
Slightly oversold, but no clear bullish reversal signal yet.
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Volume Analysis:
Recent candle volumes are decreasing, indicating reduced selling pressure.
Previous strong red candles had high sell volume, followed by weak green candles with lower buy volume.
Volume divergence forming: Price is consolidating near the low, while volume declines — suggesting potential for a bounce if a catalyst or support reaction comes in.
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Trade Setup Suggestion:
If you're planning a trade:
Bullish Scenario (Bounce):
Entry: Around 0.00024500 - 0.00024700
Stop-loss: Below 0.00024400
Target 1: 0.00025100
Target 2: 0.00025450 - 0.00025880
Bearish Scenario (Breakdown):
Watch for breakdown below 0.00024400 with volume spike.
Short Entry (if allowed): Below 0.00024400
Target: 0.00024340 and lower depending on support zones.
