#NEIRO $NEIRO
$NEIRO/USDT - Head & Shoulders Pattern Forming
NEIRO/USDT is currently showing signs of forming a potential Head and Shoulders pattern on the 4H chart, which typically signals a possible trend reversal. The price has tested the resistance zone near 0.0005385, failing to break higher. A neckline support is visible around the 0.0003367 level. A break below this neckline could trigger further downside pressure. However, if the neckline holds, a bounce back toward resistance is possible. RSI is hovering in the neutral zone, indicating indecision. Keep an eye on price action near the neckline for confirmation.
Watch closely. Risk management is key!