$NEIRO Market Update

Liquidation Alert:

$219K in long positions were liquidated at $0.000322, indicating heavy selling pressure and a potential shift in market sentiment.

Market Overview:

$NEIRO has faced a strong pullback following these liquidations. The price is now testing crucial support, and its next move depends on whether buyers step in or if selling pressure continues.

Key Levels to Watch:

Resistance: $0.000640 – $0.000655 (Breaking above this range could signal a recovery)
Support: $0.000600 – $0.000590 (If this level fails, further downside could follow)

Trade Strategy:

Buy Zone: $0.000600 – $0.000622 (If price stabilizes above support and confirms bullish strength)
Sell Zone: $0.000640 – $0.000655 (If price faces resistance and struggles to break higher)
Target: $0.000670+ (If bullish momentum resumes and resistance is cleared)

Market Sentiment:

$NEIRO is showing weakness after significant long liquidations. If support holds at $0.000600, there is potential for a rebound. A break below this level could lead to further losses.

Monitor closely and trade with caution.

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