$NEIRO /USDT BEARISH RETEST IN ACTION – MEME COIN LOSING STEAM!
$NEIRO is trading at $0.00045195 with a -3.13% drop on the day, showing rejection from the $0.00048000 level. After a strong monthly gain, recent price action suggests a cooling-off phase. If $0.00044000 breaks, deeper retracement toward $0.00042000 or below is likely.
Trade Setup (SHORT):
Entry Price: $0.00045000 – $0.00046000
Target 1: $0.00043000
Target 2: $0.00041000
Stop Loss: $0.00048850
Why Short?
The failed attempt to reclaim $0.00048000 resistance, combined with a lower high structure, hints at weakening momentum. Meme coins tend to correct quickly — current volume decline and bearish candles support a downside continuation.
Risk Management Tip:
Don’t overstay short positions in meme coins — secure profits fast and use tight SLs as volatility can spike unexpectedly.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
