๐ NEIRO/USDT Trend Analysis
Date: May 13 โ Aug 3, 2025
Current Price: 0.00039145 USDT
24h Change: +6.01%
1. ๐ Price Action (Candlestick + Support/Resistance)
a) Lowest Recent Price (Support): 0.00035718
b) Current Price: 0.00039145
c) 24h High: 0.00039239 (testing resistance)
Key Resistance Levels:
> 0.00039239: Immediate resistance (just tested)
> 0.00039676: Next breakout level
Support Levels:
0.00037141 and 0.00036333
๐ Observation:
NEIRO is currently forming higher highs and higher lows, indicating a bullish trend. It's hovering right under resistance, hinting at an attempted breakout.
2. ๐ก Parabolic SAR (Yellow Dots)
โ Dots are below the candles, confirming an ongoing uptrend.
โ No reversal signal yet; trend is intact.
๐ Conclusion: Bullish support from SAR, trend likely to continue unless sharply reversed.
3. ๐ Stochastic RSI
โข STOCHRSI: 82.63
โข MASTOCHRSI: 74.97
๐ Interpretation:
Overbought zone (>80) โ may suggest short-term pullback or consolidation, but not always bearish in a strong trend. Consider watching for a cross below 80 for a short-term correction signal.
4. ๐ RSI (Relative Strength Index)
RSI(6): 75.11 โ Also overbought territory
๐ Interpretation:
Strong bullish momentum, but could indicate exhaustion if no fresh buying comes in. Caution for late buyers.
5. ๐ Volume
24h Volume:
~ NEIRO: 28.50B
~ USDT: 10.90M
๐ Analysis:
High volume with upward price indicates strong market interest and conviction in the rally.
๐ Final Verdict: Bullish But Testing Limits
Indicator Signal
Price Trend ๐ผ Bullish
SAR โ Bullish
RSI โ ๏ธ Overbought
Stoch RSI โ ๏ธ Overbought
Volume โ Strong
๐ What to Watch Next:
๐Break above 0.00039239 โ Targets 0.00039676 and potentially higher
๐Failure to break โ Likely retest of 0.00037141 or 0.00036333
๐Divergence on RSI/Stoch โ Sign of reversal or loss of momentum
#NEIRO #Binance #MarketPullback #ProjectCrypto #TrumpTariffs
