NEIRO: 2.7% Flash Dump with Heavy Short-Term Selling
I see NEIRO dumped ~2.73%, sliding from 0.11445 to 0.11132 USDT in about 48 seconds. The 3-minute spike is notable: 3.36M vs 24h 31.2M (3m/24h = 51.7%), which points to concentrated short-term selling.
I would avoid initiating new longs until price and volume normalize. If I were holding, I’d consider tightening stops or trimming exposure; aggressive traders may look for a quick scalp only with strict risk controls.
Analysis
A rapid drop accompanied by over half the daily volume in a 3-minute window signals aggressive selling and bearish short-term momentum; risk of continued volatility and further downside is elevated.
Recommendation
Don't buy now. Wait for consolidation or clear reversal signs before adding exposure; if holding, tighten stops or reduce position size.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.