Technical Breakdown (2h Chart)
โ Price Surge to $0.00058581 (+32.76%) โ A sharp pump from a low of $0.00044063 to a recent high of $0.00064976, showing strong buying pressure.
โ RSI at 63.8 โ Approaching overbought territory, but still room for upside. Indicates strong momentum but watch for exhaustion signs near 70+.
โ MACD Bullish Crossover โ Clear momentum shift. The MACD line is well above the signal line, suggesting a continuation of upward movement.
โ Volume Explosion โ Massive volume spike (1.88T+ NEIRO traded), often a sign of whale activity or social-driven FOMO.
โ MA(5) > MA(10) โ Short-term moving average has crossed above the long-term one, confirming a bullish breakout.
โ Stochastic K: 69.95 / D: 76.15 โ Momentum is hot, but a crossover and dip could mean short-term cooling.
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Scenario Outlook:
Bullish Target:
If NEIRO breaks above $0.000649, expect a push to $0.000710 (recent local high), and potentially $0.000730+ with volume support.
Bearish Risk:
Failure to hold above $0.000585 could drag price down toward $0.000475, especially if RSI cools and MACD flattens.
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My Opinion:
NEIRO is in a strong short-term uptrend, with the volume, RSI, and MACD all flashing bullish. However, a parabolic move like this often comes with a profit-taking correction. Watch for consolidation before another breakout.
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Tips:
1. Volume must stay high for the rally to sustain.
2. Watch RSI and Stochastics for reversal signs.
3. Use tight stop-loss if you're late entering โ volatility is high.
Question:
Do you believe NEIRO can hold this momentum, or is this just another meme coin pump & dump setup? #NEIRO
