#NEIRO
### **Bullish or Bearish?**
- **Short-Term Bearish**:
- Price: **$0.00020490** (down **-3.94%**).
- Trading below the 24h high (**$0.00021578**) and near the 24h low (**$0.00019490**).
- Recent price trend shows lower highs (e.g., **$0.00029854 → $0.00020490**), indicating downward pressure.
- **Potential Reversal Signs**:
- Oversold conditions may develop if the price tests **$0.00019490** (24h low) and holds.
- High 24h volume (**44.97B NEIRO / $9.30M USDT**) suggests active trading, which could precede a bounce.
### **Entry & Exit Price Suggestions**:
1. **Conservative Approach (Wait for Confirmation)**:
- **Entry**: **$0.00019500–$0.00020000** (if price holds 24h low with rising volume).
- **Target (Exit)**: **$0.00021578** (24h high) or **$0.00024129** (next resistance level).
- **Stop-Loss**: **$0.00019000** (below 24h low).
2. **Aggressive Approach (Speculative Buy)**:
- **Entry**: Current price (**$0.00020490**) if volume spikes or STOCHRSI reverses from oversold.
- **Target**: **$0.00020899** (immediate resistance) → **$0.00021578**.
- **Stop-Loss**: **$0.00019400** (just below 24h low).
3. **Bearish Scenario (If Breakdown Continues)**:
- **Short Entry**: If price breaks **$0.00019490** with high volume.
- **Target**: **$0.00017470** (next support level).
- **Stop-Loss**: **$0.00020000**.
### **Key Levels to Watch**:
- **Support**: **$0.00019490** (24h low) → **$0.00017470**.
- **Resistance**: **$0.00020899** → **$0.00021578** (24h high).
### **Final Notes**:
- **Risk Management**: Meme coins like NEIRO are volatile. Use small positions and strict stop-losses.
- **Confirmation Needed**: Pair this with RSI/MACD data for stronger signals.