🔍 Is a reversal approaching? Analysis $NEIRO reveals a sharp selling saturation!
Technical indicators for NEIRO/USDT suggest a potential near-term reversal in direction, after entering a strong selling saturation zone.
📊 Technical indicators:
KDJ Indicator:
Values (K=20.7, D=20.2, J=21.6) all below 30, indicating clear selling saturation.
There are signs of a positive crossover that could pave the way for a bullish reversal.
RSI Indicator (6):
At 27.1, also within the selling saturation zone.
A slowdown in the decline hints at a potential upcoming rebound.
✅ What does this mean?
The currency is currently under selling pressure, but the proximity of the indicators to their lows suggests a possible corrective wave may begin.
The entry signal has not yet been confirmed, but cautious monitoring is required in case of a crossover in KDJ and RSI returning above 30.
📢 Disclaimer: This analysis is purely educational and does not represent a recommendation to buy or sell.
Trade from here $NEIRO