🚨 NEIRO/USDT – Major Technical Breakdown! Next Move? 🚨

🔍 Candlestick & Technical Analysis:

The weekly chart of NEIRO/USDT shows a strong downtrend, with consecutive red candles confirming selling pressure. The price has struggled to hold support levels, and the bearish structure remains intact.

📉 RSI & Momentum:

RSI (14): 44.82 – A sign of weak bullish strength but not yet oversold.

Stochastic RSI: 1.96 – Extremely oversold! A short-term bounce is possible, but the trend remains bearish.

📊 Smart Money Concept (SMC) Signal:

🔻 Bearish Bias! NEIRO/USDT remains in a clear distribution phase, where large players are likely offloading their holdings. Until a strong demand zone is confirmed, selling pressure dominates.

🔥 Key Levels to Watch:

✅ Resistance: 0.00034066 USDT

⚠️ Immediate Support: 0.00030321 USDT

🔴 If price breaks below 0.00030321, expect further downside towards 0.00026 - 0.00022 USDT.

📌 Trading Plan:

🚨 Short-term traders: Consider waiting for a relief bounce to short at resistance.

🚀 Long-term investors: Watch for accumulation signals before entering.

💬 What’s your strategy for NEIRO? Comment below! ⬇️

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