This coin suddenly surged to $NEIRO
Today staged a textbook-level control play!
In the early session, the market maker accurately pinned down to $0.0005, triggering stop losses, and then violently surged to a high of $0.00064, with an intraday volatility of 28% activating FOMO sentiment across the market. The current price is oscillating near the upper Bollinger Band at $0.00061, and on-chain monitoring shows that 4 associated addresses have swallowed 242 million NEIRO in 4 days, with a concentrated value of 23.82 million USDT, making the market maker's control intentions crystal clear.
The core focus of the market is on the resistance zone of the previous high at $0.00064, where the market maker has completed a milestone breakthrough with a market cap of $250 million, locking in a 24-hour increase of 33.16%, firmly holding the top of the gainers list. The daily level mid-line at $0.00058 has become a lifeline for bulls and bears; stabilizing at $0.00062 would establish a main upward wave structure.
Be cautious of unusual movements from whale holding addresses; currently, the top ten addresses control over 30% of the circulating supply, and mass liquidation could trigger a panic sell-off.
The current sideways movement near $0.00061 is indeed a precursor to a double kill for both bulls and bears, with contract rates skyrocketing to 0.12%, indicating a mad influx of leveraged funds. The key to breaking the deadlock lies in whether it can break through $0.00064 with volume to open up upward space; if it fails to do so for an extended period, it may retrace to $0.00059 to form a right shoulder. It is recommended to take partial profits in the spot market in the $0.00061-$0.00063 range, and to keep leverage on contracts below 30x while setting a strong liquidation buffer of over 3%. Once the market cap exceeds $250 million, it is easy to enter an accelerated topping market; be wary of FOMO sentiment inducing a trap for longs.
If you are currently trapped, feeling helpless and confused in trading, and want to learn more about cryptocurrency-related knowledge and cutting-edge information, click on my avatar to follow me, so you won't get lost in this bull market!
