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Maliksheheryar
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Maliksheheryar
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NEIRO/USDT is currently at a major decision point, with its price consolidating within a crucial demand zone between $0.00030 and $0.00044. This area has historically served as a strong support level, preventing the asset from a steeper decline. While the long-term trend remains bearish, the current sideways price action could signal an accumulation phase. If buyers step in and push the price with significant volume, it could form a base for a relief rally. Key Scenarios to Watch Bullish Breakout: A daily close above $0.00044 with strong volume would be a bullish signal. If this occurs, key resistance targets to watch are $0.00061, $0.00090, and $0.00126. Bearish Breakdown: A daily close below $0.00030 would confirm a loss of support. In this scenario, the price could continue its downtrend, with the next downside targets at $0.00022 and $0.00013. This consolidation period sets the stage for a potentially significant move. Traders should closely monitor volume and momentum indicators for confirmation of a breakout or breakdown. As always, remember that the crypto market is highly volatile, and you should use proper risk management. $ETH
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