NEIRO Giving a Buy Signal: Wait or Buy?

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On August 7, NEIRO traded around $0.000421, marking a subtle gain of roughly 1% over the previous day. This modest recovery follows a week-long correction after recent highs in late July.

In this article, we will look at Neiro crypto next target and latest news.

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NEIRO Crypto Next Target

Current Price: ~$0.000421
24h Change: +1.0%
24h Range: ~$0.000389 โ€“ $0.000421
Market Cap: ~$178 million
24h Trading Volume: ~$212 million
Circulating Supply: ~420.1 billion NEIRO
Max Supply: ~420.7 billion NEIRO

NEIRO Crypto Next Target

The price has broken the double bottom neckline. Currently, it is testing out the breakout level. A successful test above the neckline will provide a bullish confirmation. Keep an eye on it.

Technical Trends

  • Price Channel: Consolidating between $0.00039 and $0.00042 after an early-August rebound.
  • Support Zone: Around $0.00039, tested on multiple occasions.
  • Resistance Zone: Near $0.00042, where sellers have stepped in consistently.
  • Momentum Indicators: RSI and MACD suggest neutral to slightly bearish momentumโ€”indicating limited buying strength but no strong downward pressure.

Market Summary & Outlook

Neiro is in a brief stabilization phase following a dip from recent highs. Trading remains range-bound near key support, while market sentiment remains neutral.

  • Bull Case: Holding above ~$0.00039 and breaking past ~$0.00042 could pave the way to retest $0.00045โ€“$0.00047.
  • Bear Case: Dropping below ~$0.00039 risks a move down to ~$0.00037 or lower, possibly testing the $0.00036 zone.

Short-Term Sentiment: Neutral
Risk Level: High โ€“ as typical with meme-based tokens, price is highly sensitive to social sentiment and low liquidity dynamics.

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Harsh Panghal
Harsh Panghal

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