$NEIRO 1. **Price Action**:

- Current Price: **0.00050958 USDT** (down 9.19%).

- The price is hovering just above the 24h low (**0.00050743**), which could act as immediate support.

- A breakout above the 24h high (**0.00056158**) would confirm bullish momentum.

2. **RSI(6)**: **60.82**

- The RSI is in the upper-neutral zone (above 50 but below 70), indicating mild bullish momentum without being overbought. This leaves room for further upside if buying pressure increases.

3. **Volume**:

- 24h Volume (USDT): **58.59M** (significant liquidity).

- Current Vol (NEIRO): **1.2T** vs. MA(5): **1.04T** — Volume is above the 5-period moving average, suggesting recent interest.

4. **Support/Resistance**:

- Immediate Resistance: **0.00056158** (24h high).

- Stronger Resistance: Psychological level at **0.0006 USDT**.

- Support: **0.00050743** (24h low). A break below this could invalidate the bullish thesis.

5. **Meme/Hot Tag**:

- The "Meme | Hot" label indicates speculative interest, which can amplify volatility. Traders should watch for sudden spikes in volume.

### Bullish Breakout Conditions:

- **Confirmation**: A candle closing above **0.00056158** with high volume (>2x average) would signal a breakout.

- **Target**: If broken, the next resistance could be **0.0006 USDT** (+7.5% from current price).

- **False Breakout Risk**: If price fails to hold above the 24h high, it may retest support.

### Actionable Advice:

1. **Entry**: Consider a long position if price breaks **0.00056158** with volume confirmation. Use a tight stop-loss below **0.00050743**.

2. **Risk Management**: Meme coins are high-risk; limit position size to 1-2% of capital.

3. **Alternative Scenario**: If RSI crosses above 70, watch for divergence or overbought signals to take profits.

### Caution:

- The **-9.19%** daily drop suggests lingering selling pressure. Wait for clear reversal signals (e.g., hammer candle, volume surge) before entering.