๐๐ NEIRO/USDT โ Bounce or Breakdown? Letโs Read the Chart
Current price sitting around 0.000108 after a sharp sell-off from 0.000116+.
๐ด What the chart is saying right now:
Price is below Supertrend โ trend still bearish
Strong sell impulse already happened (distribution done)
MACD deeply negative but selling pressure is weakening
Price is stalling above 0.0001077, forming a short-term base
๐ก This is NOT an uptrend yet What weโre seeing is compression, not confirmation.
๐ Key levels to watch:
Support: 0.0001075
โ Lose this โ continuation down
Resistance: 0.0001115 โ 0.000113
โ Reclaim + hold โ relief bounce possible
๐ง Interpretation:
If volume steps in and price reclaims Supertrend โ upward navigation
If volume stays weak and support breaks โ another leg down
โ ๏ธ Right now, NEIRO is at a decision zone
This is where patience beats prediction.
No bias.
No hype.
Let the chart confirm.