š NEIRO/USDT ā Short-Term Bearish Bias
ššššššššššššššš
š Analysis (1H Chart):
Price: 0.00053613
Trend: Price is trading below the 99 MA (0.00055016) and near the 25 MA (0.0005430), showing weakness.
Candlestick Pattern: Recent strong red candle broke below short-term support around 0.00053816, indicating bearish pressure.
RSI (6): 48 ā Neutral zone but trending down, not oversold yet.
MACD: Bearish crossover is visible (DIF < DEA), showing momentum is fading.
Volume: Declining slightly, indicating reduced buying strength.
š§ Trade Setup:
Bias: Bearish unless price reclaims 0.0005430
Entry (Short): Near 0.00053800ā0.00054100
Stop Loss: Above 0.00054950 (recent high)
Target 1: 0.00052350
Target 2: 0.00051600
ā For a Bullish Flip:
Wait for a close above 0.0005500 with strong volume and MACD turning green.
RSI must push above 55+ to confirm momentum shift.
Let me know if you want a setup for longer timeframes (4H or 1D).