$NEIRO /USDT BEARISH BREAKDOWN IMMINENT – BEWARE THE SLIPPING SUPPORT

Explanation:

$NEIRO/USDT is showing signs of weakness as it fails to hold above key short-term support levels. With the price currently trading at $0.00035585 (down -7.10%), and struggling below all major moving averages (MA7: 0.00036220, MA25: 0.00037300, MA99: 0.00037788), the market sentiment leans strongly bearish. The recent bounce from the 24h low at $0.00035156 was weak and lacked volume support, indicating further downside pressure. If selling volume persists, a drop below current levels is likely.

Trade Setup:

Short Entry: 0.000360

Take Profit (TP): 0.000340 / 0.000328

Stop Loss (SL): 0.000375

Market Outlook:

NEIRO is currently in a consolidation-to-downtrend phase. The consistent rejection from resistance and increasing bearish pressure suggest sellers are dominating. Until a strong breakout above MA25 or MA99 with volume, upside potential remains limited.

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