NEIRO/USDT — Technical Analysis (4H)
Current Price: 0.00059024 USDT (+3.43% over 24h)
Volume: 440.75M NEIRO in the last 24h — the asset continues to maintain strong liquidity.
Price Action Overview:
After a rapid surge from 0.00019490 to 0.00071086 (a gain of over +265%), the asset entered a correction phase. The price has tested the 0.00057000 level as local support and is now consolidating above the MA(7), suggesting an attempt to stabilize.
Technical Indicators:
• MA(7): 0.00061114 — price is slightly below, indicating possible short-term selling pressure
• MA(25): 0.00046771 — still far below current price, showing a strong bullish trend on the mid-term
• MACD: still in positive territory, but lines are converging, indicating a weakening bullish momentum
• RSI(6): 63.1 — near the overbought zone, but no sharp pullback yet
• Volume: gradually declining, which may signal the end of profit-taking
Key Levels:
• Support: 0.00057000 / 0.00050964
• Resistance: 0.00062315 / 0.00071086
Conclusion & Forecast:
If the 0.00057000 level holds, a consolidation phase is likely with potential upside toward 0.00062–0.00065. A drop below 0.00050 would indicate a deeper correction, potentially down to 0.00040.
Most likely scenario:
Sideways movement within the 0.00057–0.00062 range, with a possible breakout to the upside if market support and volume return.
