$NEIRO /USDT BEARISH CONSOLIDATION ZONE — SHORT PRESSURE STILL DOMINANT!
$NEIRO /USDT failed to break above the 0.000056 level and has since pulled back, printing lower highs and consistent rejections. The price is currently hovering just above the local support at 0.00005200 — a breakdown from here could lead to a deeper dive toward recent lows around 0.00005090.
Trade Setup (Short):
Entry: 0.00005250 - 0.00005300
Take Profit (TP): 0.00005100 / 0.00005020
Stop Loss (SL): 0.00005550
Market Outlook:
Despite past gains on the 30 and 90-day metrics, current price action remains under pressure. A lack of bullish follow-up after rebounds confirms sellers are active. Keep an eye on volume drops and MACD crossovers for confirmation.
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