Key points:
Neiro exceeded $ 0.0004700, confirming a possible trend reversal. The short -term structure shows a tendency to grow healthy, with consolidation near key levels. $ 0.0005600 – $ 0.0006000 remains the critical resistance area to be regained for the continuation of growth. Neiro (Neiroco) is currently crossing a key technical phase after an extended corrective period from mid -May to early July. The token recently came out of a crucial resistance area, and the short-term price action shows signs of force. However, there are several levels of resistance in front, and the traders follow for confirmation before declaring a sustained reversal.
Medium -term structure: May by July
The first half of May registered a strong growth, culminating with a maximum around $ 0.0007500. This movement was followed by a few weeks correction, which gradually formed a downward interval through June. The structure began to change between July 9-11, when the price successfully came out above the level of $ 0.0004700 – an area that previously served as resistance during the downward trend. This exit marks a potential change in the feeling of the market and could represent the initial stages of a new trend, provided that the level is maintained.
Diagram Neiro 1D
Short -term momentum
At a closer look, the short -term structure shows a clear minimal and higher sequence. After reaching a minimum around $ 0.0003900, the asset recorded a constant ascending movement, with the last impulse taking it from about $ 0.0004200 to $ 0.0005600. Current consolidation around $ 0.0005300 – $ 0.0005400 seems healthy, following the recent rally. The price is kept above the previous output level and now tests the local maximums.
Timp 1h interval
Levels to be followed
: Support:
$ 0.0004700: previous output area; Keeping above this level confirms the ascending structure. $ 0.0004300: the basis of recent impulsive movement. $ 0.0003900: local minimum and invalidation level for the upward trend.
Resistance:
$ 0.0005600: maximum short -term from July 11; The price failed to close above this level during the last impulse. $ 0.0006000: round psychological threshold and area of historical significance. $ 0.0007500: maximum from May and macro resistance. »Trade Neiro on Binance«
Structural perspective
Tokenuș has gone from an extended corrective phase to an incipient output stage. Currently, the price structure supports a growth perspective, but confirmation is required by a break and closing above the area $ 0.0005600-$ 0.0006000. There are no visible indicators in the available graphs, but the candle formations show several upward continuation models, especially after the exit. The presence of strong buying candles and the absence of significant rejection meșs continue to support short -term power. The volume data is not displayed, but the price of the price itself suggests active participation, especially during the July exit. A sustained volume will be essential to pierce the upper resistors.
Strategic perspective
Optimistic scenario:
If the price is kept above $ 0.0004700 and successfully breaks $ 0.0005600 with continuation, the next probable target is $ 0.0006000. A daily closing above this level could open the way for retesting the level $ 0.0007500.
Pesimist scenario:
A rejection at $ 0.0005600, combined with a break below $ 0.0004700, would indicate a potential output failure. In this case, the price could return to $ 0.0004300 and possibly $ 0.0003900. A clean break below $ 0.0003900 would invalidate the current structure and suggest an additional decrease.
Conclusion
Neiro is in a technical promising position, after regaining his level of exit in the medium term. The trend is currently constructive, and the structure favors additional increase, provided that the price can break $ 0.0005600 and stay above $ 0.0004700. Traders should wait for confirmation before positioning for continuation, because the failure to keep the key support areas could invalidate the current ascending configuration. »Trade Neiro on Binance«