The currency $NEIRO is currently trading at 0.00040235, with a slight decrease of -0.88%, after recording a daily low of 0.00038813 and a high of 0.00043406.
The price indicates a strong rebound after the decline. Are we facing a real bottom? Or is it just a station before the big rise? Let's review the details 👇
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⚖️ Is buying now a smart decision?
✅ Opportunity if:
The goal is a quick speculation between support and resistance levels.
A stop loss was wisely placed below 0.00038800 with awareness of the risks.
There is potential to target profits at 0.00041600 and 0.00042600 in the near term.
$NEIRO
❌ Risk if:
Expecting a price explosion without technical signals or volume tracking.
You did not set a clear exit plan or appropriate risk management.
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📊 Motivating technical points:
RSI at 38.86 is approaching oversold areas, which means the price may start to rebound strongly.
MACD is negative but in a clear oversold area, which could open the door for a positive crossover soon.
Trading volume clearly increased with the recent decline, which may indicate smart accumulation.
The price rebound from 0.00038813 gives an initial signal for buying power entry.
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📢 The final word:
$NEIRO It now looks like it's in a 'pressure before explosion' phase, and the market shows clear signs of accumulation.
If you are a fan of calculated risks, this could be one of those opportunities that don't come often.
⚠️ Just don't forget the golden rule: enter with a plan, and exit with a profit or a limited loss.
Do you think the breakout is near? Or should we wait for additional confirmation? Share your opinion with us 👇