$NEIRO Today's Pro Trading Plan: NEIRO/USDT - May 22, 2025
1. Primary Bias & Setup: Long bias; market is executing a trend-continuation setup post higher low at 0.00051783. Price reclaimed 20MA, suggesting momentum pivot. Scalping-to-intraday structure in progress.
2. Entry Zone: Optimal long entries between 0.00055200 – 0.00055800. Confluence: prior demand retest, 20MA dynamic support, and mid-range reaccumulation cluster.
3. Stop Loss Placement: SL at 0.00051700. Below recent HL and 4H bullish breaker; invalidation of trend bias if breached.
4. Risk/Reward Ratio: 3.2R based on defined zones and projected upside.
5. Profit Targets:
• Target 1: 0.00058400 – intraday resistance shelf.
• Target 2: 0.00059866 – prior local high/liquidity magnet.
• Target 3: 0.00061800 – breakout extension toward upper volatility band.
6. Market Sentiment: Bullish skew confirmed by expanding volume on green candles, MA convergence, and reclaim of mid-range. No bearish divergence present.
7. Invalidation Plan & Contingency Setup: If 0.00051700 fails, shift short toward 0.00049700; entry below breakdown candle body with SL above 0.00055400. Targets: 0.00048800 / 0.00047000.
Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.