$NEIRO NEIRO Up 4% Overnight: Cup & Handle Pattern Forming With A Potential 100% Move On The Cards
NEIRO crypto is one of the newer additions to the animal-themed meme coins, having only launched in August 2024. It exploded early on, going from just $15 million in market cap to $1.15 billion in less than two months and posting a near 100x return in the process.
With the extreme volatility in the markets earlier this year, NEIRO suffered hugely, dropping over 90% in value back down to $68m in market cap. However, it has risen from the ashes in recent weeks, posting 200% gains since mid-April until now.
NEIRO is trading for around $0.0006, with its market cap back at a respectable $250 million. The one-day chart shows a cup and handle pattern forming, and if the bullish structure remains intact, then a move back to its yearly high of around $480 million is the next logical target.
If NEIRO can reclaim the psychological level of $500m market cap and flip it to support, holders will aim for a move back toward becoming a $1 billion meme coin.
