Analysis of NEIRO/USDT on a 4-hour timeframe using Gann Box tool:
✅ General Trend:
Short-term bullish — the price is moving within an upward range and is currently at the upper limit of the 0.5 Gann zone, which is a sensitive resistance point.
🔹 Key Technical Levels:
Level Evaluation
0.000582 – 0.000600 🔺 Strong current resistance – represents the upper limit of the Gann box (at the 0.5 ratio)
0.000550 – 0.000560 🔄 Current support area – was previously resistance and has been breached
0.000510 – 0.000520 🟩 Medium support – midpoint of the time box and previous intersections
0.000480 – 0.000500 🔻 Final strong support area – breaking this threatens the current upward trend
📈 Price Action Signals:
The current movement indicates accumulation followed by a breakout.
The price is now hitting resistance at 0.000582, which previously halted progress.
Higher highs and higher lows have formed, supporting the continuation of the upward movement if the breakout is confirmed.
📌 Technical Expectation:
If Expectation
Strong close above 0.000600 🚀 Targeting 0.000630 then 0.000660
Failure to break 0.000582 and return below 0.000550 🔻 Correction towards 0.000520 then 0.000500
Break below 0.000480 🚨 Potential bearish reversal
🟢 Technical Recommendation:
Possible buy from 0.000550 – 0.000560
Stop loss below 0.000500
Targets: 0.000600 → 0.000630 → 0.000660
