NEIROUSDT is displaying a mix of bullish and bearish signals on the 1-hour chart, with key support and resistance levels influencing its price. The 9 EMA is above the 20 EMA, indicating short-term bullish momentum, but the modest crossover suggests a lack of strength for a breakout. The MACD histogram shows waning bullish momentum, while RSI values around 50 reflect market indecision.Currently, NEIRO is testing a critical support zone at $0.00219002, with deeper support at $0.0021629 and $0.0020617. A break below these levels could lead to selling opportunities. Resistance is at $0.00227646, with further targets at $0.00233673 and $0.0023948.
If NEIRO rebounds from $0.00219002, traders may consider long positions targeting the resistance levels. Conversely, a breakdown below $0.0021629 could present shorting opportunities. Traders should wait for clear signals before entering positions and use tight stop-losses due to potential volatility.
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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.