$NEIRO
Technical Overview (4H Chart)
Price: 0.00056369 USDT
Indicators Observed:
MA(7) [Yellow]: ~0.00056940 (currently acting as short-term resistance)
MA(25) [Pink]: ~0.00053087 (supportive area)
MA(99) [Purple]: ~0.00040720 (long-term support)
MACD: Bearish divergence forming (MACD: -0.00000082, DIF < DEA)
Volume: High recent activity with declining momentum (potential cooldown)
Candlestick Pattern:
Recent candles show indecision after a bullish push (possible flag/consolidation)
The price has pulled back after a strong breakout, now consolidating slightly above the 25 MA
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Intraday Trade Setup
Bias: Bullish bias above 0.00054700, cautious below 0.00053000
Entry Point:
Buy Entry: 0.00055500–0.00056300 (current consolidation zone)
Wait for a bullish engulfing candle or bounce from this range
Stop Loss (SL):
Tight SL: 0.00054500 (just below the 24H low of 0.00054704)
Safer SL: 0.00053000 (below MA(25) and psychological support)
Take Profit Targets (TP):
1. TP1: 0.00060200 (near last swing high)
2. TP2: 0.00063100 (24H high)
3. TP3: 0.00065500 (projected breakout target if volume supports upward move)
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Risk-Reward Estimate (based on Entry ~0.00056000):
SL at 0.00054500 → ~2.7% risk
TP1 at 0.00060200 → ~7.5% reward
TP2 at 0.00063100 → ~12.7% reward
RR Ratio (TP1): ~2.8:1
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Summary Signal
> Signal: Buy NEIRO/USDT @ 0.000555–0.000563
Stop Loss: 0.000545
Take Profit: 0.000602 / 0.000631 / 0.000655
Trend: Short-term bullish recovery, consolidation near support
Confirmation: Watch for a volume spike or bullish candle pattern above MA(25)