$NEIRO – BEARISH BREAKDOWN SNAPSHOT
Recent Peak: $0.00071086
Current Price: ~$0.00043049
Drawdown: ~-40% from top
Daily Structure: Heavy bearish candles with little to no lower wicks = controlled selling
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Key Price Levels
Type Zone Commentary
Resistance $0.00049 – $0.00053 Selling likely to intensify on any bounce attempts
Support $0.00035 Critical zone—break = fresh lows possible
Breakdown Risk < $0.00035 Opens path to $0.00029 or lower (no strong historical support)
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What to Watch For
Bullish Reversal Signals (at $0.00035):
Hammer candles or doji with volume
RSI divergence (price down, RSI flat or rising)
Spike in buy volume near the support zone
Continuation Risk:
Daily close below $0.00035 with strong volume = trend continuation
Weak bounce + lower high under $0.00049 = short opportunity
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Possible Trade Setups
1. Support Bounce (High Risk/High Reward)
Entry: $0.00035–$0.00037
Stop: $0.00032
Target: $0.00047–$0.00049
Risk:Reward: 1:3+ if support holds
2. Breakdown Short
Entry: < $0.00034 (on volume)
Target: $0.00029 or even $0.00025
Stop: $0.00036–$0.00037
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Final Note
Momentum is bearish, and caution is warranted. Don’t catch a falling knife unless you see confirmation at $0.00035. Bulls need to step in fast—or this slide gets uglier.