$NEIRO /USDT Faces Steep Decline Amid High Volatility $NEIRO is trading at $0.00045402, dropping by 17.32% in the last 24 hours. After hitting a high of $0.00058529, the token has sharply retraced to a low of $0.00044279.
Key Levels to Monitor:
Resistance: $0.00048500 – A breakout above this could signal a recovery.
Support: $0.00044279 – A breakdown below this may lead to further declines.
Market Indicators:
RSI at 13.39 indicates an oversold condition, hinting at a possible bounce.
The steep decline highlights bearish dominance, but a recovery could follow.
Potential Scenarios:
1. Bullish Rebound: If NEIRO breaks above $0.00048500, targets could include $0.00052000.
2. Further Weakness: A drop below $0.00044279 may push the price to $0.00042000.
Risk Management: Volatility is high; use tight stop-loss levels for active trades.