$NEIRO NEIRO/USDT is showing early signs of recovery after an 8.58% decline, currently trading at 0.00048837. The meme coin displays several encouraging technical signals that suggest potential upside movement in the near term.

The Relative Strength Index at 68.4 indicates strong momentum while still leaving room for growth before becoming overbought. A bullish crossover appears in the MACD indicator, with the MACD line moving above the signal line at 0.00011569. Trading activity remains robust with 150.31B NEIRO exchanged in the past 24 hours, equivalent to $77.82 million in USDT volume.

Key price levels to monitor include immediate support at the 24-hour low of 0.00048230, while resistance sits at the daily high of 0.00054400. The moving averages show MA5 at 745 billion and MA10 at 586 billion, suggesting recent buying interest is outpacing longer-term averages.

Market depth data reveals substantial liquidity near current price levels, with significant bid support clustered between 0.00048824 and 0.00048847. This concentration of buy orders may provide a foundation for price stabilization and potential upward movement.