NEIRO Whale Accumulation + Technical Resonance, Preparing for a Second Surge?
NEIRO has been active again today! This coin has forcefully broken through the $0.0006 barrier on the Ethereum chain, with its market cap soaring directly to $250 million, skyrocketing 33.16% in 24 hours. Don't be fooled by the seemingly moderate increase; the details on the chart are full of manipulative moves by the whales—repeatedly probing contracts around 0.000628, with alternating red and green candlesticks resembling an ECG, clearly aimed at shaking off leveraged traders. However, the strong support at 0.0006305 has not been breached, indicating the whales' intention to maintain control. If this level is broken, the next stop will depend on the strength of support at 0.0006400.
1. Whales on the Chain Frenziedly Accumulating
In the past four days, four mysterious wallets have withdrawn 242 million NEIRO from Gate.io and Bybit, accounting for 24.2% of the total supply. These whales now dominate the non-exchange holding rankings at positions 1, 3, 4, and 7, clearly indicating strong control over the market. When the on-chain chips are highly concentrated, it often signifies the end of the accumulation phase by the whales. Coupled with today's volume bars turning from red to green, it is evident that funds are secretly building positions. At this point, don't be scared off by the 1.66% volatility; after the bull flag consolidation, a second wave is highly likely.
2. Technical Analysis Hides Secrets
Although the MACD dual lines have formed a death cross above the zero axis, the DIF is firmly clinging to the DEA, indicating that the bulls have not given up resistance. The midline of the Bollinger Bands and both upper and lower lines are all tilting upwards, with the funnel shape widening; this structure could either be the night before a surge or a trap for a sharp decline. However, from a daily chart perspective, NEIRO's ascending channel remains intact, and the retest of the midline at 0.0005981 seems more like an opportunity for latecomers to enter.
3. The MEME Sector is in a Frenzy
Today the entire MEME sector surged wildly, with DOGE, SHIB, and PEPE collectively erupting. As a new internet celebrity on the Ethereum chain, NEIRO is reaping the benefits of sector rotation. Additionally, the project team has just secured exclusive IP authorization from Shiba Inu KABOSU, and future plans for NFTs and physical merchandise are ready-made promotional materials.
