#BigTechStablecoin #TrumpVsMusk #MarketPullback
Based on the 1-hour chart of NEIRO/USDT
š Chart Overview
Price: $0.0004190
24h High: $0.0004358
24h Low: $0.0003931
Change: +6.10%
Current Timeframe: 1-hour
MA Lines:
MA(7): 0.0004203
MA(25): 0.0004193
MA(99): 0.0004284
š Technical Observations
Price Near MA(7) & MA(25):
The price is hovering around the 7 and 25-period moving averages.
MA(99) is above, indicating longer-term bearish pressure still exists.
Recent Bounce:
Strong recovery from the recent low of 0.0003836, with higher lows forming.
Volume:
Reasonable trading volume near the recent move up ā suggesting buyer interest.
ā Trade Setup (Bullish Scenario)
Entry:
Buy around: $0.0004180ā$0.0004190 (current price range)
Target Levels:
TP1: $0.0004280 (MA 99 resistance)
TP2: $0.0004350 (recent high)
TP3 (stretch): $0.0004440 (previous spike high)
Stop Loss:
SL: Below $0.0004080 (just under recent minor support and below 25 MA)
Risk/Reward:
Approx. 1:2 or better, depending on target chosen.
š Alternate Setup (Bearish Rejection at MA99)
If price fails to break above the MA(99) at $0.0004284 and shows a rejection candle:
Entry:
Short around: $0.0004280
Target:
TP1: $0.0004100
TP2: $0.0003950
Stop Loss:
SL: Above $0.0004360 (above local high and MA99)
