NEIROUSDT โ Countertrend momentum. Is the reversal close?BINANCE:NEIROUSDT.P is one of not many coins that is growing. But the only disadvantage is that the coin is at the bottom. Most likely it is forming a set of liquidity before continuing to fall.
NEIRO is strengthening and heading towards the resistance of the range while bitcoin continues its correction.
Strong resistance and liquidity zone at 0.187 is ahead. Strong gains could be stopped by a false breakout and reversal
Just because a coin is at the bottom doesn't mean it has nowhere to fall. Yes, there is.
At the moment the price is in the range on the background of a strong downtrend, within which the price does not show signs of life. The previous buyback ended with a strong sell-off.
Resistance levels: 0.000187, 0.0002045.
Support levels: 0.000169, 0.000154
In the short term, we should expect a false breakout, reversal and price drop to the support of the range.
I do not rule out a prolonged struggle in the resistance zone, within which the price may go higher and test the 0.00020 liquidity zone before continuing to fall, within which it may renew the bottom.
Regards R. Linda!
NEIROUSDT trade ideas
Neirousdt Trading ideaNEIROUSDT experienced a breakdown from a rising wedge, initiating a strong bearish trend that has persisted with sustained selling pressure.
Currently, price action has formed a bearish flag, signaling a potential continuation of the downtrend. Key levels of interest have been identified, with crucial support and resistance zones outlined on the chart. A breakdown below the support level would confirm further downside, providing a high-probability short opportunity targeting the projected drop zone.
Conversely, a breakout above the resistance would invalidate the bearish bias, opening the door for a potential bullish reversal. We should closely monitor price behavior around these levels to align with the dominant trend.
Do let me know what you think about this????
NEIROCTO: Coiling Up for a Breakout?NEIROCTO might be preparing for a strong upside move after weeks of selling pressure.
๐น Break of Structure on 4H (BOS) โ market structure has shifted bullish after printing a higher high. This is often the first sign of trend reversal.
๐น Major Downtrend Line Test โ price is consolidating just below a multi-week trendline. A clean break could trigger aggressive buying.
๐น Risk/Reward in Bullsโ Favor โ current setup offers a potential 80% move with 3.55 R/R โ 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
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The path of NEIRO remains bearish (1D)First of all, it's important to understand that each group of cryptocurrency tokens follows a different path NEIRO falls into the meme coin category. The performance of Layer 1 coins or other groups may differ significantly from meme coins, so keep in mind that NEIROโs path is not the same as that of all altcoins!
Based on the point where we placed the red arrow on the chart, it seems that NEIRO's correction has started.
This corrective phase appears to be a time-consuming and exhausting symmetrical correction.
Currently, we seem to be in the middle of wave E.
The drawn path is more schematic, just to help you visualize the number and size of the waves within this corrective pattern.
The correction is expected to continue toward the lower green box, where this corrective phase is likely to end.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NEIROUSDT CHART ANALYSฤฐS - EDUCATIONAL POSTConclusion
The NFT market is developing extremely fast, and the blockchain infrastructure has undergone significant changes over the past few years. However, today, there are still many questions about how the NFT market can function and in which areas non-fungible tokens can be used.
For example, one potential application of NFT is the blockchain recording of unique documents. Due to the reliability of the blockchain, diplomas, certificates, and various documents can be issued in NFT format, potentially helping to eliminate the risk of forgery.
NFTs are likely to have, and are already having, some impact on formats for creating and distributing content, and art objects. For now, however, it is primarily a trending investment tool for crypto enthusiasts around the world. The numerous possibilities of this technology will be revealed in the coming years.
#NEIRO/USDT#NEIRO
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.00037460
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.00038150
First target 0.00039430
Second target 0.00040680
Third target 0.0004296
NEIRO/USDT: A Hidden Gem Ready for a Massive 300% Breakout!๐ Current Position: NEIRO/USDT is finding strong support near the discount level, signaling a potential reversal. The price is consolidating after a prolonged downtrend, indicating possible smart money accumulation.
๐ Technical Setup:
โ
Support Zone: NEIRO is holding a key support level, preventing further downside. A bounce from here could ignite a powerful bullish reversal.
โ
Fair Value Gap (FVG) Re-Test: The first major target lies in the FVG resistance zone around $0.0010. A clean breakout above this level will confirm the bullish shift.
โ
Break of Resistance: If NEIRO decisively clears the FVG resistance, it unlocks an explosive move towards $0.0025 and eventually $0.0030, representing a 300% gain from current levels.
๐ฅ Investor Opportunity:
High Reward Potential: Breaking above resistance could lead to massive price appreciation, rewarding early investors.
Smart Money Accumulation: Price action suggests large players might already be positioning before the breakout.
Bullish Confluence: Multiple indicators support an upcoming surge, making this a prime investment opportunity.
๐ก Final Thoughts: NEIRO/USDT is setting up for a monumental breakout. A push above $0.0010 could send it soaring toward $0.0030, delivering a 300%+ gain. This might be the perfect time to position ahead of the rally before the market catches on! ๐๐
NEIRO seems to be bearish for a while (12H)NEIRO appears to have completed a diametric pattern, which represents wave A. This diametric lasted for 83 days.
It now seems to have entered wave B, which is also likely to last 83 days or more.
There is a flip zone marked on the chart, which serves as a suitable area for sell/short positions.
The primary support level has been highlighted on the chart, and the price could drop to this support level.
A daily candle closing above the invalidation level will invalidate this outlook.
invalidation level: 0.00185145
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NEIRO's bearish for nowBINANCE:NEIROUSDT
you can see the bearish channel! which means the price is gonna continue the bearish trend.
โ ๏ธ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Letโs navigate the markets togetherโjoin the journey today! ๐นโจ
NEIRO/USDT Long 150% Potential Ahead!I see a clear long opportunity for the NEIRO/USDT pair. The potential is up to 150%, and this isn't just a guess, but the result of thorough analysis. We have a clearly defined uptrend channel and a local accumulation zone. Everything points to this trade being a strong move, and I'm confident that those who are ready to follow me will see results. Now is the time to act with a clear plan and full commitment. ๐๐
NEIROUSDT: Is the Market Ready for a Breakout?
Hello, traders! Today weโre analyzing $NEIROUSDT. The chart is showing an upward trend with key resistance at 0.0008378 USDT . The current price sits at 0.0008189 USDT , and the market appears poised for a move. Will it be a pump, or are we in for a pullback?
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๐ Key Levels:
Support:
0.0008100 USDT โ a zone where buyers may hold the market steady.
0.0007800 USDT โ a backup support level in case of a dip.
Resistance:
0.0008378 USDT โ the critical level that must break for continued growth.
0.0008700 USDT โ a profit-taking target after the breakout.
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๐ฉ Trading Strategy:
Entry Point:
- Consider going long after a confirmed breakout above 0.0008378 USDT with volume confirmation.
Stop-Loss:
- Place your stop below 0.0008100 USDT to minimize risk.
Take-Profit Targets:
0.0008500 USDT โ the first target for partial profit-taking.
0.0008700 USDT โ the final target for this move.
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๐ Technical Analysis:
The upward trend signals increasing buyer interest.
Volumes are gradually increasing, confirming bullish intentions.
If the price consolidates above 0.0008378 USDT , it could trigger a significant impulse.
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๐ก Conclusion:
The NEIROUSDT market is at a critical decision point. Will buyers maintain control, or are we heading for a pullback? Share your thoughts in the comments and keep an eye on key levels!