🚨 NEIRO Market Pulse – Temporary Relief or Fakeout? 🚨

📉 Price: 0.00039308 USDT (-2.36%)

🕒 Timeframe: 15m

NEIRO just bounced from a local low of 0.00038665, showing short-term recovery—but caution is warranted:

➡️Based on the charts provided 👇:

Green Line (Price): Shows the movement over time with two key levels:

🔴 0.00040156 – Resistance to watch for bullish confirmation

🔵 0.00038665 – Recent local low (bounce level)

Orange Dashed Line (RSI): Shows strength; it remains weak below 50 = caution zone.

📈Further analysis:

Red Bars (MACD Histogram): Deep red shows bearish momentum still dominating.

RSI: Still weak at 42.29, showing mild momentum

MACD: Deep in the red, with histogram printing bearish continuation

Stoch RSI: Turning up from oversold, but no clear confirmation yet

Parabolic SAR: Still above price — trend favors bears

Volume: Spike detected, but could be exit liquidity for short-term players

📊 Bias: Short-term bounce looks reactive, not reversal-based.

🔻 A bearish continuation is likely unless price breaks above 0.00040156 with strong volume.

⚠️ Traders: Watch for rejection zones

📌 Investors: Stay patient — no confirmed bottom yet

#NEIRO #MarketRebound #BinanceSquareTalks #BinanceAlphaAlert