📊 Quick Analysis of NEIRO/USDT – 1-Hour Time Frame (1H) 🔍
📈 The currency has started to show positive signals after a strong rebound from the support at 0.0003836, forming an inverted head and shoulders pattern which suggests a continuation of the upward trend.
✅ The current price is at 0.0004202, trading above MA(25) with an attempt to break through MA(99), which enhances the bullish momentum.
🎯 Potential Targets:
0.0004270 (Current Resistance)
0.0004445 (Strong Previous Peak)
0.0004500 (Extended Target)
🛑 Suggested Stop Loss: 0.0003950
📌 Initial Recommendation: Long (Buy) position with confirmation of a firm break above 0.0004270.
