$NEIRO MARKET UPDATE & QUICK ANALYSIS :

$NEIRO USDT is currently developing what’s

known as an expanding triangle on the

4-hour chart — a pattern where each swing grows

wider than the last, hinting at rising volatility and

the potential for a decisive breakout. Over the

past sessions, price climbed toward the upper

boundary of this formation but was sharply

rejected, producing a strong bearish candle that

cut below the mid-range. The move was backed

by a notable spike in selling volume, showing

that sellers are now in firm control.

The expanding triangle’s lower boundary now

becomes a critical support zone to watch.

If $NEIRO price breaks beneath it with strong

volume, the sell-off could accelerate as

stop-losses get triggered and momentum

shifts fully bearish. On the other hand, if

buyers defend this level, we could see a rapid

rebound back toward the upper boundary —

a typical behavior within this kind of pattern.


Momentum is already showing signs of weakness,

with RSI sitting around 39, which reflects

cooling bullish pressure. Key support rests

between 0.0003748 and 0.0003850, while

resistance is stacked between 0.0004424

and 0.0004800. How price reacts at these

levels will likely dictate the next major move,

and with volatility expanding, the breakout —

in either direction — could be explosive. 🔥🚀

DYOR

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