š $NEIRO / USDT ā CONSOLIDATING AFTER A SHARP DIVE š
$NEIRO is trading at 0.00040096 (+3.41%) after bouncing from the recent low of 0.00038031, showing signs of stabilization on the 4H chart.
Despite the minor recovery, price remains below all major MAs ā MA(7): 0.00040319, MA(25): 0.00045888, and MA(99): 0.00044898 ā confirming bearish momentum still dominates.
The current sideways structure signals indecision; bulls must reclaim 0.00040700 to validate a recovery attempt.
Failure to break above the 7 MA may result in another retest of the 0.00038ā0.00037 zone.
šØ High volume (86.66B NEIRO) shows active interest ā watch for breakout or breakdown.
š Trading Plan
Bearish Setup (Continuation)
⢠Entry: 0.000403 ā 0.000407
⢠Take Profits: 0.000392 / 0.000383 / 0.000373
⢠Stop Loss: 0.000414
Reversal Long Setup (Only if breakout)
⢠Entry: 0.000412 ā 0.000420
⢠Take Profits: 0.000442 / 0.000468 / 0.000510
⢠Stop Loss: 0.000395
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