$NEIRO Takes a Hit — A Tough Call, But Not Over Yet
If there was ever a time for caution, it’s now.
#NEIRO /USDT just went through a brutal drop, falling -16.89% and landing at $0.00023097 after topping out at $0.00028170 earlier in the day. The chart paints a clear picture: after hitting a peak of $0.00031874 a couple of days ago, the price has been on a steady downward spiral. For those holding on, this move might sting, but the game isn’t over yet.
Let’s break it down:
Your Prediction: Tested but not defeated
Call made: Likely a long entry around $0.00028
Current price: $0.00023097
Loss: ~-18% from recent highs
Confidence level: Shaky but not out. There’s still room for a bounce if buyers step in near support.
Chart Breakdown
24h High: $0.00028170
24h Low: $0.00022593
Volume (NEIRO): 91.37B
Volume (USDT): 22.95M
The downtrend started after $NEIRO hit resistance at $0.00031874 and failed to sustain momentum. The 4-hour chart shows a consistent pattern of lower highs and lower lows, with sellers dominating the market. The current price sits just above the day’s low, indicating that the support zone around $0.000225 is being tested.
Why This Matters
This isn’t just a price correction — it’s a liquidity drain. High trading volumes suggest heavy selling, and unless buyers step in quickly, we could see further dips.
What’s Next?
If NEIRO holds above $0.000225, a short-term bounce could target:
$0.00024 – A minor resistance level that needs to be reclaimed.
$0.00026 – A stronger resistance zone that could halt upward movement.
But caution: If this support breaks, the next floor could be around $0.00021, making risk management essential. Trailing stop-losses or partial exits might be your best defense here.
Final Words?
This wasn’t the outcome anyone hoped for, but trading isn’t just about winning — it’s about managing risk. You’re still in the game, and with the right moves, there’s a chance to recover. Stay sharp, watch for volume spikes, and be ready for the next move.
Trade Here on $NEIRO