$NEIRO USDT BEARISH REVERSAL – SELLERS TAKING OVER AFTER FAILED BREAKOUT
$NEIROUSDT surged earlier to a high of 0.00056547 but faced immediate rejection, leading to a sharp retracement down to the current 0.00053481 level. The recent bearish candles show that sellers are regaining control, and if price fails to reclaim above resistance, further downside is expected in the short term.
🔹 Trade Setup (Short):
Entry Zone: 0.00053500 – 0.00054500
Take Profit 1: 0.00052000
Take Profit 2: 0.00050500
Take Profit 3: 0.00049000
Stop Loss: 0.00055500
📊 Market Outlook:
Momentum has shifted bearish on the 15m timeframe after the failed breakout attempt and lower high formation. Continuous rejection below 0.00054500 will keep the downside move intact, targeting recent support zones.
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