NEIROCTO: Coiling Up for a Breakout?NEIROCTO might be preparing for a strong upside move after weeks of selling pressure.
🔹 Break of Structure on 4H (BOS) — market structure has shifted bullish after printing a higher high. This is often the first sign of trend reversal.
🔹 Major Downtrend Line Test — price is consolidating just below a multi-week trendline. A clean break could trigger aggressive buying.
🔹 Risk/Reward in Bulls’ Favor — current setup offers a potential 80% move with 3.55 R/R — very attractive conditions.
If NEIROCTO breaks and closes above the trendline, we could see acceleration toward the 0.0003189 level.
Entry: 0.0001770
Stop-loss: 0.0001370
Target: 0.0003189
Risk/Reward: 3.55
More thoughts in my profile @93balaclava
Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
