NEIRO/USDT
NEIRO/USDT Long Setup
I'm spotting a potential bullish setup on NEIRO/USDT. The price has broken out of the descending trendline, suggesting a reversal from the recent downtrend. After this breakout, there was a strong impulse move upwards, which could signal the start of a new uptrend.
The highlighted rectangular zone represents a support area that previously acted as a consolidation range. If the price retraces to this zone, it could provide a good opportunity for a long entry, as this area may now serve as a support.
The projected path shows a strong upward trend continuation after a potential pullback to this support zone. I'll be watching closely for a clear retest and bounce within this area before entering a long position, aiming for a substantial upside.
Key Levels:
Support Zone: Highlighted rectangle area
Entry Trigger: Retest and bounce from support zone
Targets: Shown on the chart, with higher highs as the primary target
This idea is purely technical; please remember to use proper risk management and wait for confirmation before entering.
I'm spotting a potential bullish setup on NEIRO/USDT. The price has broken out of the descending trendline, suggesting a reversal from the recent downtrend. After this breakout, there was a strong impulse move upwards, which could signal the start of a new uptrend.
The highlighted rectangular zone represents a support area that previously acted as a consolidation range. If the price retraces to this zone, it could provide a good opportunity for a long entry, as this area may now serve as a support.
The projected path shows a strong upward trend continuation after a potential pullback to this support zone. I'll be watching closely for a clear retest and bounce within this area before entering a long position, aiming for a substantial upside.
Key Levels:
Support Zone: Highlighted rectangle area
Entry Trigger: Retest and bounce from support zone
Targets: Shown on the chart, with higher highs as the primary target
This idea is purely technical; please remember to use proper risk management and wait for confirmation before entering.
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