Technical Analysis Report: $NEIRO /USDT
The price of $NEIRO is showing a notable increase of +16.06%, currently trading at $0.00056637. The immense momentum behind the meme coin is supported by an astonishing 24-hour trading volume of 426.67 billion Neiro, equivalent to $247.70 million in Tether, indicating significant interest from traders. With a 24-hour high of $0.00064976, Neiro is approaching a key resistance level and remains strong above its recent lows. The bullish trend is clearly evident across short-term candles, suggesting that the upward movement may continue if the momentum persists. The presence of notable price action within the range of $0.00048-$0.00065 indicates high liquidity and potential volatility opportunities.
Examining the depth chart, a strong buy wall is forming near $0.00056676, indicating solid support. Binance price indicators in recent periods suggest a strong breakout pattern, as Neiro has outperformed its previous level of $0.00036189. The steady rise from the April 20 low to the May 14 high shows an alignment of accumulation and breakout phases. Traders should closely monitor the resistance level of $0.00061361; any breakthrough could lead to a sharp rise towards the target of $0.00073947. With this volume and volatility, Neiro is an open playground for traders now - $NEIRO
NEIROUSDT
Permanent
$0.0005774
-1.56%
