$NEIRO

The price of the NEIRO currency (NEIROUSDT) has declined during its recent intraday trading, amid continued negative pressure resulting from trading below its simple moving average for a period of 50, and under the control of a short-term corrective downtrend while trading alongside a trend line. The decline in the price of the currency came after it successfully alleviated its selling saturation that was evident in the relative strength indicators during its previous trades.

Based on this, our expectations indicate a decrease in the price of the currency during its upcoming trading sessions, as long as the resistance level of $0.00022780 remains intact, targeting the support level of $0.00018564.

Expected direction for upcoming trades: Downward