Trade Setup $NEIRO
⏺Entry Options
Aggressive: Enter near 0.00061213 if price holds with bullish reversal candlestick signals.
Conservative: Wait for a deeper pullback to 0.00056821 for a better reward-to-risk ratio.
🟢Take-Profit Levels
First target at 0.00064608 (24h high) for partial profit.
Second target at 0.00070000, a psychological resistance level, if momentum continues.
🔴Stop-Loss
Place below 0.00049722, which is the 61.8% Fibonacci level and a critical support zone.
Risk Management
Limit risk per trade to no more than 2% of total capital.
Watch for volume spikes as confirmation for either breakout or breakdown.
Price Action & Momentum
Current price is 0.00063052 USDT, showing a 55.06% surge and strong bullish momentum.
An intraday gain of 0.87% suggests the potential for continuation.
Fibonacci retracement levels indicate key support zones:
23.6% at 0.00061213 – near-term support.
38.2% at 0.00056821 – stronger support if a pullback occurs.
61.8% at 0.00049722 – critical level; a break below could signal trend reversal.