NEIRO/USDT: Potential Trading Idea and Analysis (Short-Term):
Potential Entry Point: Look for a clear bullish reversal signal on the 15-minute chart. This could be a strong green candle closing above the previous red candle's high, or a series of smaller green candles showing increasing buying pressure near the current support. An entry around $0.00055750 - $0.00055800 (if such a reversal occurs) could be considered.
Potential Exit Point (Target): Aim for a relatively small profit target given the short-term nature of the trade and the prevailing downtrend. A potential target could be the $0.00056500 - $0.00056800 range, which represents a minor resistance level based on previous price action.
Stop-Loss: It's crucial to set a stop-loss to protect your capital. A stop-loss placed slightly below the potential support level, perhaps around $0.00055400, would limit your downside risk if the support breaks.
$NEIRO
#TradeLessons #NewsTrade #CryptoRoundTableRemarks
Potential Entry Point: Look for a clear bullish reversal signal on the 15-minute chart. This could be a strong green candle closing above the previous red candle's high, or a series of smaller green candles showing increasing buying pressure near the current support. An entry around $0.00055750 - $0.00055800 (if such a reversal occurs) could be considered.
Potential Exit Point (Target): Aim for a relatively small profit target given the short-term nature of the trade and the prevailing downtrend. A potential target could be the $0.00056500 - $0.00056800 range, which represents a minor resistance level based on previous price action.
Stop-Loss: It's crucial to set a stop-loss to protect your capital. A stop-loss placed slightly below the potential support level, perhaps around $0.00055400, would limit your downside risk if the support breaks.
$NEIRO
#TradeLessons #NewsTrade #CryptoRoundTableRemarks
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
NEIRO
0.00057273
-11.96%
