#NEIRO Rising Wedge📊#NEIRO Rising Wedge 📉
🧠From a structural perspective, the goal of the long-term bullish structure has been achieved, so we need to be alert to the risk of a pullback!
➡️From a morphological perspective, we can clearly see a rising wedge pattern. Generally, we follow this model to decline📉
⚠️Don't chase the rise against the selling pressure. The next support can be focused on the neckline.
Let's see👀
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BINANCE:NEIROUSDT
NEIROUSDT trade ideas
Can #NEIRO be shorted?📊Can #NEIRO be shorted?
🧠Today a friend asked me if I could short NEIRO, and my answer was that I couldn't short it at the current price. I had considered shorting it yesterday, and the price was very good, but in the end I chose to give up, because I have always emphasized that there is a long-term bullish structure, and try to trade with the trend, and trading against the trend must be conservative. The only opportunity to short yesterday was in the resistance zone, with a drop of 6.56%. The short trend did not continue, and finally broke through the resistance zone, and the resistance zone turned into a support zone.
➡️The current price is about to reach the next resistance zone. Even if you want to short, you should look for selling points in the resistance zone to short, rather than trading randomly.
Let's take a look👀
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BINANCE:NEIROUSDT
#NEIRO reaches the staged resistance zone📊#NEIRO reaches the staged resistance zone✔️
🧠From a structural point of view, we continued to hit a record high after rising according to the double bottom structure, which means that the space above has been opened. Although the goal of the double bottom structure has been achieved, there is a larger bull structure. , so no matter how we increase it, it is reasonable.
➡️But currently we are near the phased resistance zone, so it is unreasonable to chase the rise. If we can have a good callback, we can focus on the neckline support and buying opportunities in the green buying zone.
➡️If you want to try shorting in the resistance zone, then you need to reduce the amount of participation and be as conservative as possible.
Let’s see 👀
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BINANCE:NEIROUSDT
Where is the target area of #NEIRO?📊Where is the target area of #NEIRO?
🧠We started a strong rebound after the expected pullback, but unfortunately it did not reach the buy zone I wanted to focus on, so we had to miss this wave of rise.
➡️From a structural point of view, we have now reached the staged resistance zone, and there is a risk of a pullback, so it is unreasonable to chase the rise. Short-term trading opportunities can be found near the two necklines, and if the long defense points are intact, we can look forward to the realization of the red target area.
Let's see 👀
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BINANCE:NEIROUSDT.P
Whales doubling down on Neiro: is bullish momentum ahead?One of the whales swapped out a loss-making position in NEIROETH, selling 17.5 million tokens for $1.22 million.
By exiting, the whale incurred a substantial 55% loss, amounting to $1.49 million, after holding the meme coin for just one month.
In return, the whale doubled down on their investments in NEIRO, purchasing 841.6 million tokens for $1.45 million.
This adds to their total holding of 3.85 billion NEIRO, worth $6.51 million, resulting in a 67% unrealized profit of $2.67 million, according to SpotOnChain data .
Meanwhile, in 1-hour chart, Neiro broke out of symmetrical triangle pattern.
This pattern indicates a period of consolidation as NEIRO seeks stability following a substantial rally.
Most notably, the Relative Strength Index (RSI) remains in positive territory at 52, while neutral, it retains a bullish lean despite a slight slowdown in momentum.
This sentiment is further supported by the Chaikin Money Flow (CMF), currently at +0.05, suggesting that inflows remain moderate.
However, the MACD line has yet to retake its position above the signal line, indicating that bulls have not fully taken control.
Traders should therefore monitor NEIRO’s ability to hold above the 20-day Exponential Moving Average (EMA) as a key support level to confirm a sustained uptrend.
A repeated breakout above the upper resistance of the pattern could extend the growth streak, with an initial price target set at the $0.001878 resistance level, potentially leading to a new all-time high.
From there, a conservative short-term target of $0.0023 seems plausible. However, taking a broader view, deeper analysis cites 10x potential long-term as credible, setting eyes on a SEED_TVCODER77_ETHBTCDATA:1B market cap.
First Neiro On Ethereum May be Set for Short-Term BreakoutFirst Neiro On Ethereum (ETH: $NEIROCT) is rapidly gaining attention in the cryptocurrency world, especially among meme coin enthusiasts. With a notable rise in its trading volume and the formation of bullish technical patterns, (ETH: $NEIROCT) is currently positioned for a potential breakout.
Technical Analysis
The 4-hour price chart for (ETH: $NEIROCT) reveals a bullish symmetrical triangle pattern, a technical signal that typically indicates a continuation of the current trend—in this case, upward. The recent breakout from key resistance levels, coupled with increasing volume, suggests that further gains could be on the horizon.
As of now, (ETH: $NEIROCT) is trading at $0.0017 with a $728 million market cap and a staggering $1.01 billion in 24-hour trading volume. The increase in trading volume is a crucial indicator of growing demand, especially as the token moves past significant resistance levels. This surge in trading volume places (ETH: $NEIROCT) among the top 10 most traded cryptocurrencies, surpassing many larger projects.
Breaking Structural Levels
Analysts have noted that (ETH: $NEIROCT) is currently breaking key structural levels, which opens the door for the token to achieve new all-time highs. With (ETH: $NEIROCT) up 41% this week and the token’s price currently hovering around $0.001722, the next challenge is for it to solidify its position above $0.0014, a key resistance level. If (ETH: $NEIROCT) can close the next two 4-hour candles above this point, we predict a surge toward $0.002060 in the coming 24 hours.
MACD and RSI Indications
Looking at the shorter-term charts, the MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index) both show bullish signals. The MACD line has recently moved well above the signal line, typically seen as a strong indicator of growing bullish momentum. Meanwhile, the RSI is holding in the mid-80s, suggesting that although the token is overbought, this may not be a negative signal during a pump cycle. The slightly upward-sloping RSI indicates that buyers are not letting up, further strengthening the bullish outlook.
However, it's important to keep in mind the risks. Should (ETH: $NEIROCT) fail to maintain its momentum and drop below the $0.001476 support level, a wave of selling pressure could push the price down to $0.000830 in the short term.
Strong Market Demand
From a fundamental perspective, the growing interest in $NEIROCT can be attributed to its limited supply and its status as one of the most traded meme coins. Its high ratio of trading volume to market cap at 1.6, four times higher than FTT’s 0.4, indicates a significant demand for the token. This is a clear sign that many traders are jumping in, anticipating further growth as $NEIROCT solidifies its position.
$NEIROCT’s rise from a $1 million market cap in August to $700 million has provided early investors with life-changing gains. With Binance listing the token, $NEIROCT has become a household name in the meme coin category, though its potential for massive returns is now more limited than it was at launch. A continued rally to a $1 billion market cap would yield a 2x return, but that’s modest compared to the meteoric gains seen during its early days.
Price Prediction: Short-Term Gains Possible
The potential for short-term gains remains strong, we are forecasting a rise toward $0.002060 if the token continues to hold key levels. However, investors should keep an eye on Bitcoin and broader market conditions, as $NEIROCT's bullish continuation will likely depend on BTC’s price action. A strong CPI report this week could propel Bitcoin past $65,000, creating a positive environment for meme coins, including $NEIROCT. Conversely, a poor inflation print could see Bitcoin retest $60,000, putting short-term pressure on risk assets like meme coins.
Conclusion: Is $NEIROCT Still a Good Buy?
The truth is $NEIROCT is no longer a low-cap gem, but its recent bullish price action indicates that it still has room to grow with modest gains easy 2x on reaching $1 Billion market cap. Investors looking for a potential breakout play in the meme coin space might want to keep a close eye on $NEIROCT, but caution is advised in case the bullish momentum fades.
#NEIRO reaches the resistance zone📊#NEIRO reaches the resistance zone✔️
🧠From a structural point of view, we started to fall according to the double top structure, and started a strong rebound after reaching the ideal buying zone. At present, we have reached the resistance zone and are close to the downward trend line, so please do not chase the rise in the resistance zone.
Let’s see 👀
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BINANCE:NEIROUSDT.P
Ready to Strike: The Ideal Entry Point on $NEIROIt Might Be a Bit Early, But This Is the Retrace I Was Waiting For! ⏳
It needs to hold this level. If it fails, I’ll just wait for a deviation or below $0.00082 to enter.
With CRYPTOCAP:BTC at resistance, caution is key, but this is still part of the trading plan.
NEIRO - After Long trade success it's time to shortWyckoff distribution above the bigger structure is finished ! And now we got back into the bigger structure.
Currently we are at Demand zone were expecting a reversal touching resistance zone and going lower .
Plan: will keep watching for reversal short at 0.00112-0.0114 zone
aiming for the lower green line 0.00103 area
NEIRO Cryptocurrency - Unlocking the Future of Decentralized
**Descrizione**:
NEIRO is an innovative cryptocurrency that combines the power of blockchain technology with decentralized finance (DeFi) solutions, aiming to revolutionize the way transactions, lending, and investments are conducted on a global scale. Powered by a robust network and a cutting-edge consensus mechanism, NEIRO facilitates fast, secure, and low-cost transactions while offering a scalable ecosystem that supports diverse financial products and services.
With a growing adoption rate, NEIRO is positioning itself as a key player in the future of decentralized finance, providing opportunities for individuals and institutions alike to benefit from transparent, borderless, and efficient financial systems. The NEIRO token is poised to be a strategic asset within the cryptocurrency market, potentially driving significant value in the long term.
**Disclaimer**:
Trading cryptocurrencies, including NEIRO, involves significant risk and may not be suitable for all investors. Prices of cryptocurrencies are highly volatile and can be affected by external factors such as regulatory changes, market sentiment, and technological developments. Before trading, you should carefully consider your financial situation and risk tolerance. This is not financial advice; conduct thorough research or consult with a financial advisor before engaging in any trading activity.
NEIRO Cryptocurrency - Unlocking the Future of Decentralized
**Descrizione**:
NEIRO is an innovative cryptocurrency that combines the power of blockchain technology with decentralized finance (DeFi) solutions, aiming to revolutionize the way transactions, lending, and investments are conducted on a global scale. Powered by a robust network and a cutting-edge consensus mechanism, NEIRO facilitates fast, secure, and low-cost transactions while offering a scalable ecosystem that supports diverse financial products and services.
With a growing adoption rate, NEIRO is positioning itself as a key player in the future of decentralized finance, providing opportunities for individuals and institutions alike to benefit from transparent, borderless, and efficient financial systems. The NEIRO token is poised to be a strategic asset within the cryptocurrency market, potentially driving significant value in the long term.
**Disclaimer**:
Trading cryptocurrencies, including NEIRO, involves significant risk and may not be suitable for all investors. Prices of cryptocurrencies are highly volatile and can be affected by external factors such as regulatory changes, market sentiment, and technological developments. Before trading, you should carefully consider your financial situation and risk tolerance. This is not financial advice; conduct thorough research or consult with a financial advisor before engaging in any trading activity.
NEIRO - Following the Hype...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NEIRO has been overall bullish , trading inside the flat rising channel in orange.
Moreover, it is approaching a massive round number $0.001.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $0.001 and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NEIRO approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NEIROUSDT Long Trade IdeaThis is a riskly long trade because NEIROUSDT consolidated very quickly into the 15 MIN Key Level Zone so there are high changes that it might break the zone.
However, we're seeing a bounce from the zone so just going to play long from here.
Entry Price: 0.0011436
SL: 0.0011213
Targets are marked on the Chart.
TP1: 0.00117282
TP2: 0.00120277
TP3: 0.00123222
TP4: 0.00132361
Lets see if this plays out.
Happy Trading!