Coin name: Neiro
SHORT
Price: .00028983
(Enter on entry price)
10x leverage isolated
The 4-hour timeframe shows a rising wedge, a bearish chart pattern. Neiro has already touched the upper trendline resistance, indicating a potential downside move due to bearish divergence.
However, there's significant upside liquidity in Neiro. It may first push higher to grab liquidity before dropping alongside ETH.
Always manage your risk and practice proper money management—avoid using high leverage in trading.
Meanwhile, BTC dominance (BTC.D) is holding trendline support, suggesting an upward move. If BTC.D rises, altcoins are likely to decline. Overall, the market appears bearish.
Target:
1) .00028374
2).00027703
3).00026424
4).00025397
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