#NEIROETHUSDT maintains bearish momentum

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❗️Keep an eye on the NEIROETHUSDT.P — the structure suggests a possible local rebound or a breakout of the wedge to the upside. Opening a short here goes against the structure and lacks confirmation

📉 SHORT NEIROETHUSDT.P from $0.01612
🛡 Stop loss $0.01693

🕒 Timeframe: 1H

✅ Overview:

➡️ The chart shows NEIROETHUSDT.P forming a bearish continuation move after breaking out of a consolidation range.
➡️ Entry at $0.01612 corresponds to a retest of former support turned resistance.
➡️ Selling volume is increasing, supporting bearish pressure.
➡️ The POC level at $0.02084 remains far above the current price, highlighting downward imbalance.

🎯 TP Targets:
💎 TP 1: $0.01586
💎 TP 2: $0.01535
💎 TP 3: $0.01500

📢 Additional scenario notes:
📢 A false breakout above the entry zone is possible — wait for confirmation of the $0.01620 break.
📢 Watch for volume spikes near TP1 and TP2 — could signal partial take profits.
📢 If price reclaims $0.01693, the setup becomes invalid.

🚀 NEIROETHUSDT.P maintains bearish momentum — downside move expected!

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