š„ $NEIRO Pullback: Bounce Incoming or Breakdown Ahead? š„
$NEIRO saw a sharp -13% dip after hitting 0.00053859, forming a clear lower high on the 4H chart.
Price is currently hovering around 0.00045605, flirting with the MA(99) support ā a decisive zone!
Volume remains active, indicating traders are watching this closely for a bounce or further bleed.
A short-term recovery could begin if price reclaims MA(25), but caution is key until confirmation.
Ideal setup for risk-managed traders looking for bounce or breakdown trades.
š Trade Setup (Long Idea)
ā¢ Entry Zone: 0.0004550 ā 0.0004620
ā¢ Take Profit 1: 0.0004782
ā¢ Take Profit 2: 0.0005122
ā¢ Take Profit 3: 0.0005385
ā¢ Stop Loss: 0.0004400
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