$NEIRO my analysis

1. Technical context

NEIRO broke above the 30-day moving average (SMA) at $0.00043491 and the 50% Fibonacci retracement level ($0.00044342) on July 19–20, 2025, with:

• RSI (14): 63.65 (neutral-bullish state)

• MACD Histogram: Positive divergence (+0.0000090536)

• Volume increase: 24-hour trading volume amounted to $110.4 million (0.45 times the market capitalization liquidity)

This indicates that short-term investors capitalized on the breakout, which was reinforced by NEIRO's low liquidity.

2. Market dynamics

Altcoins gained strength as Bitcoin's dominance fell from 63.99% to 60.14% over 30 days (CoinMarketCap). Key factors include:

• Altcoin Season Index: Increase from 19 to 51 over 30 days (+168%)

• NEIRO correlation: Meme coins like BONK and DOGE recorded similar gains, and NEIRO benefited from capital rotation in the sector

Summary

NEIRO's rally combines technical momentum with the overall strength of altcoins; NEIRO will maintain gains if Bitcoin's dominance falls this week.