About to Launch

A brief analysis of the currency $NEIRO
on the trend for the four-hour frame
Indicator analysis
RSI Indicator
indicates approaching the overbought area
MACD Indicator
The MACD and DEA lines are still below zero
However, there is convergence between them, and we may see a bullish crossover soon = a potential positive signal.

Support and resistance levels
Strong support: 0.00039612 and 0.00028261
The most important resistance: 0.00062315 then 0.00071086

General analysis
It is true that there is upward momentum, but it may face nearby resistance.
The current movement is upward, but it is within a correction
inside a downward trend.

If the price breaks the trend line (near 0.00062) and closes above it with strong volume, it can be considered the beginning of a shift in the overall direction to bullish.

However, if it rejects this line, the price may return to test MA50 or previous support areas.
$NEIRO