⚠️ALERT 😲

In the chart image $NEIRO /USDT

Key indicators:

Current price: $0.00059799 (+30.21%)

Maximum in 24h: $0.00071086

Minimum in 24h: $0.00045001

RSI(6): 46.95 → still neutral, trending towards the lower side

Volume in the last candles: decreasing, indicating a loss of strength in the uptrend

Recent touch on support: $0.00057531

Interpretation:

Correction? Yes, the chart shows that the price retreated after a strong rise (visible peak).

Will it go up or down?

Chance of going up: There is, as the price held above the support ($0.00057531) and is trying to consolidate.

Risk of going down further: There is also, as the RSI is still weak and the volume is decreasing.

Quick conclusion:

Current situation: The asset is in a consolidation phase after a rise.

Short-term decision:

If it breaks above $0.00062 again with volume, it may rise again.

If it loses $0.00057, it may seek the previous low around $0.00045.