$NEIRO 🎀‼️ Bull Traps Everywhere—NEIRO Traders Beware! ♨️📛❓

NEIRO is showing multiple bull traps, creating a minefield for traders hoping to catch a breakout. Over recent sessions, the price has repeatedly surged above key resistance levels—only to reverse sharply and leave optimistic buyers scrambling for exits. This pattern of fake breakouts is a classic sign that large sellers are lurking overhead, waiting to sell into any rally. 🛑⚔️

Volume trends underscore the deception. Each breakout attempt has been accompanied by an initial burst of buy-side volume, but the follow-through demand evaporates almost immediately. This divergence between price spikes and sustained participation is a hallmark of bull traps engineered to draw in retail buyers before the price collapses again. 🐋📊

Technically, NEIRO remains under pressure. RSI has rolled over from overbought territory multiple times, reflecting fading enthusiasm each time bulls try to push higher. MACD has also flattened out and is threatening a fresh bearish crossover, which could confirm that momentum is steadily bleeding out. ⏳🔻

On-chain data reinforces the caution. Exchange inflows have increased as whales send tokens to trading venues—often a signal that large holders are preparing to unload inventory into any short-lived rallies. When this happens repeatedly, it creates a high-risk environment where breakouts fail quickly and trap unsuspecting traders in losing positions. 📉⚡

For traders, this is a critical time for discipline. Avoid chasing moves without clear confirmation. Focus on volume sustainability, failed closes above resistance, and rapid reversals—these are the classic clues that a bull trap is unfolding. Tight risk management and patience are essential until the market establishes genuine buying conviction. 🎢🛡️

In summary, NEIRO’s chart is littered with bull traps designed to punish over-eager entries. Waiting for clean confirmations, protecting capital, and respecting stop-losses are more important than ever in this environment.