$NEIRO /FDUSD ATTEMPTS RECOVERY AFTER HEAVY SELL-OFF — IS A SHORT-TERM REBOUND COMING?

$NEIRO has shown signs of stabilization after a steep downward trend, now trading at 0.00040344, up +3.62% in the last 24 hours. The 1-hour chart shows a potential base forming near 0.00038174, the recent low, as bulls attempt to reclaim momentum.

📉 Market Snapshot:

Current Price: 0.00040344 FDUSD

24H High/Low: 0.00041846 / 0.00038174

Volume: 158.13M NEIRO

Sentiment: Weak but steadying, with volume spikes hinting at possible interest return

🔍 Technical Analysis:

The major downtrend remains intact, but price is consolidating just above key support.

A breakout above 0.00041800 could open a move toward 0.00044000, while failure to hold 0.00039000 risks another leg down.

Watch volume — it's the deciding factor for any rebound attempt.

📈 Short-Term Trade Setup:

Entry Zone: 0.00040000 – 0.00040500

Target 1: 0.00041800

Target 2: 0.00044000

Stop-Loss: 0.00038700

Quick Take: $NEIRO is in a vulnerable recovery phase. Bulls need to defend the 0.00039000 level and push above local resistance to confirm any bullish reversal.