$NEIRO STALLING AT CRITICAL SUPPORT – WILL BUYERS STEP UP OR SELLERS CRUSH IT?
$NEIRO is trading at 0.00055707, down -2.64%, following a sharp rejection from the $0.00064976 high. The price is consolidating tightly above the $0.00055300 zone, showing indecision. Volume remains strong, but sentiment is tilted bearish.
Key Levels to Watch:
• Resistance Zone: 0.00056100 – 0.00057600
A breakout above this level could set up a short-term recovery rally.
• Support Zone: 0.00055300 – 0.00053400
Losing this support may invite more downside pressure.
Trade Setup – High-Risk Reversal or Breakdown Ahead:
Bullish Scenario:
If price pushes above 0.00056100 with rising volume, targets could be:
• TP1: 0.00057600
• TP2: 0.00059800
Bearish Scenario:
A confirmed drop below 0.00055300 could accelerate losses toward:
• TP1: 0.00053400
• TP2: 0.00051000
Stop-Loss Recommendations:
• Long Trade: SL below 0.00055300
• Short Trade: SL above 0.00056100
$NEIRO is coiling up at key support. If bulls can reclaim $0.00056100 with momentum, a rally could follow. Otherwise, breaking below $0.00055300 may bring another leg down. Wait for confirmation—don’t front-run the move.