NEIRO Reversal Brewing After Consolidation?
NEIRO is showing signs of a potential reversal after bouncing from the 24H low of 0.00053376. The current price sits at 0.00055460, with a modest +2.47% gain, indicating early bullish pressure. The 15-min chart shows a consolidation phase after a correction, forming a base around 0.00055000. If the token breaks above the local resistance near 0.00056000, we could see a push toward recent highs.
Volume remains strong at 199B NEIRO, suggesting active interest in this meme coin. A clean breakout above 0.00056000 with volume confirmation could open the path to retest the 0.00059800 mark. However, traders should watch for quick volatility spikes typical in meme coin patterns.
Trade Setup:
• Entry: 0.00055300 – 0.00055700
• TP1: 0.00057000
• TP2: 0.00059000
• TP3: 0.00062000
• SL: 0.00053400