Price Action Analysis:$neiroeth

Reversal from Downtrend: Initially, there was a strong downtrend where the price dropped from 0.09056 to 0.01310.

Demand Zone: The orange box (around 0.01310) clearly shows a strong demand zone from where the price bounced.

Falling Wedge Breakout: The orange lines illustrate a falling wedge pattern — which is generally a bullish reversal pattern. The price has broken out of this pattern.