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NEIRO

NEIRO/ETHUSDT Sell Pressure Signals

I’m seeing a clear down move in NEIRO paired with ETHUSDT, signaling increased selling pressure. The price collapsed to a lower level around 0.10472 from 0.10595, marking a short-term drop of roughly 1.16% within a few seconds. Trading volume remains notable (3m at 162k, 24h at 8.8M), which supports the idea of transient but meaningful price depression. I’m watching for further confirmation, but the immediate setup points toward continued caution rather than new bullish momentum.

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Analysis

Context: The short-term price move shows a breach of recent support with a sharp, near-term decline. Volume figures—3m volume of 162k and 24h volume of 8.8M—suggest the move isn’t a liquidity trap but...

Recommendation

Recommendation: Given the negative impulse, consider a cautious stance. If you’re already in NEIRO/ETHUSDT, protect profits or tighten stops to breakeven. For new entries, avoid chasing the dip until ...

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.

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