🔍 $NEIRO /USDT Analysis: Bearish Sentiments with a Potential Reversal Ahead?
📉 Sentiments Overview:
$NEIRO /USDT is showing very bearish momentum across higher time frames—monthly, weekly, and daily. However, there’s a key support zone below that I’ve identified, which could act as a critical turning point.
📊 Analysis Highlights
1️⃣ Key Support Zone:
This is the last strong support zone for #NEIRO /USDT. If the market taps into this zone and respects it, we might see a short-term shift from bearish to bullish.
2️⃣ Short-Term Trade Setup:
On the 4H time frame, I’ve drawn a supply zone to watch closely.
📌 Scenario 1: If the price respects the supply zone, we could enter a short trade targeting the key support zone.
📌 Scenario 2: If the price fails to respect the supply zone, stay cautious and avoid trading blindly.
⚠️ Reminder: Always trade with a plan and avoid FOMO. The market can be unpredictable, so stay disciplined and DYOR (Do Your Research).
