A new meme coin has emerged and caught the market’s attention with rapid price growth. It’s called Neiro Ethereum and is based on the OG doge meme coin.
After launching, it has risen to a staggering $193 million market cap.
But BTC and overall market selling pressure has dominated everything - and memes took the swipe too -- with so much volatility.
From peaking at a parabolic high of 0.20, NEIRO retraced heavily to an outrageously bargain zone at minus 10x levels to 0.020 zone.
Now, based on the latest daily data metrics. There is an apparent heavy accumulation at the current price range and a strong reversal to the upside is expected from here on.
At a lighter mcap now, the bargain opportunity is too tempting to be missed.
Spotted at 0.0250
Target: Back to previous peak at 0.20
TAYOR.
After launching, it has risen to a staggering $193 million market cap.
But BTC and overall market selling pressure has dominated everything - and memes took the swipe too -- with so much volatility.
From peaking at a parabolic high of 0.20, NEIRO retraced heavily to an outrageously bargain zone at minus 10x levels to 0.020 zone.
Now, based on the latest daily data metrics. There is an apparent heavy accumulation at the current price range and a strong reversal to the upside is expected from here on.
At a lighter mcap now, the bargain opportunity is too tempting to be missed.
Spotted at 0.0250
Target: Back to previous peak at 0.20
TAYOR.
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After this was posted, NEIRO surged like crazy -- and it hasn't concluded yet. Congrats holders.
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Fomo of the year. lolTrade active
Update:NEIRO did as expected -- omit zero.
I knew it was bound to happen but I never expected this so soon. lol
That was multiple x already from our spot from 48 hours ago. Crazy -- in a good way.
But I'll take it.
Now on our latest intraday metrics, neiro is creating another accumulation zone for the next run-up with target set at 0.20 area, it's peak zone. A break off it would mean exponential short squeeze to perhaps 11B mcap.
Again this is a meme coin, so factor more than average volatility in your trade.
Safeguards with good RM should keep you afloat.
For the early entrants, you should not worry much - like me.
TAYOR.
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there ya ago, as expected.from 0.13 to 0.17 real quick.
congrats holders.
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Intraday update:NEIRO managed to retest the top by touching 0.19 levels -- then retraced healthily to the current levels at 0.16+ area. These are normal fractal moves and it's needed for sustainable ascend - proven by the stair ups behavior it always does in the past.
Now, the coin is back again at creating an accumulation zone as of this posting. Thereafter, expect another new rise attempt.
TAYOR.
Congrats to those who got in early -- keep HOLDING.
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there ya go, another break.Trade active
So far so good.Here's our future outlook for the next few weeks.
It may or may not happen, these are just personal assessment.
Be guided. Safeguard trades if you must - especially for late entrants.
We are at the early stage of breakout of the old peak resistance -- no hindrance zone. It means more growth is expected from this key area.
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I wouldn't disregard a touch base on the breakzone -- meaning to re-tap 0.18 levels, then proceed ascend. It did the same thing on 0.060 area before the vertical rise. Breakout, re-tap breakline, then proceed.
So be guided.
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best re-seed area opportunity at the current accumulation zone. 0.16 to 0.17.
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Daily data update: It's been a while since I last updated. I waited for the price to get saturated at some point to have a strong chance of an upside shift. And based on recent price behavior, I think we have the scenario at play now.
Strong seed area at current price range 0.070
Interim target at previous peak at 0.021 (x3)..
TAYOR
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neiro not chillin. generous.Note
This is ripe for a very strong squeeze from this bargain zone.an X3 re-tap is in order to 0.24
Spotted at 0.087
TAYOR.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.