$NEIROETH Retracement consolidation, short-term capital outflow but strong bullish outlook in the medium to long term
Recent price trend:
After a sharp rise, the price has retraced and is currently consolidating around 0.05718 USDT.
Contract capital data analysis (latest data):
Short period (15 minutes - 4 hours): shows net outflow (recent short-term selling pressure exists).
Medium to long period (24 hours - 30 days): presents continuous large net inflow, driven by institutions, providing a strong bullish signal.
Longer period (60 days): significant net inflow from institutions, net outflow from retail investors, indicating increased accumulation by institutions.
Technical analysis (daily chart):
Support: around 0.057 USDT (recent area where the current price is located), 0.0424 USDT (key support level).
Resistance: around 0.070 USDT (recent minor high resistance), 0.077 USDT (recent impulse high strong resistance).
Comprehensive analysis and hedging considerations:
The price retracement aligns with the recent short-term capital outflow. The continuous large net inflow of capital in the medium to long term (extremely bullish) is the dominant signal, and the AI rating is also very high. This indicates that after the current retracement consolidation, the price may continue its upward trend.
Pay attention to whether the support at 0.057 USDT and 0.0424 USDT can hold, as this is a key observation point for the retracement.
Market volatility is high, be sure to set stop-loss orders!
If considering participation, pay attention to stabilization signals in the support area and set stop-loss orders.
Breaking through 0.070 USDT is a signal for restoring upward momentum.
Risk reminder: short-term selling pressure and retracement exist, but the medium to long-term capital outlook is extremely strong.
