NEIRO Dump: Rapid 2.18% Drop with Heavy Short-Term Volume
I see NEIRO lose 2.18%, falling from 0.11445 to 0.11196 in under two seconds. The move is a quick dump rather than a measured pullback.
Three‑minute volume is 2.72M (41.9% of 24h volume), which indicates aggressive selling in the short term and possible liquidity hunting.
I’m cautious here: this setup looks like short-term distribution, not a buying opportunity until we see support or a clear reversal.
Analysis
Recommendation
Do not buy now. Wait for price stabilization or lower‑timeframe confirmation of support before considering entry; consider selling existing exposure to reduce risk.
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.