Is a reversal looming after the consolidation?
Always
0.0005539
+2.91%
$NEIRO shows potential signs of reversal after bouncing from its lowest point in 24 hours at 0.00053376. The current price settles at 0.00055460, with a slight increase of +2.47%, indicating early bullish pressure. The 15-minute chart shows a consolidation phase after the correction, forming a base around 0.00055000. If the price breaks the local resistance level near 0.00056000, we may see a surge towards its recent highs.
Trading Setup:
• Entry: 0.00055300 - 0.00055700
• Take Profit Point 1: 0.00057000
• Take Profit Point 2: 0.00059000
• Take Profit Point 3: 0.00062000
• Stop Loss: 0.00053400