NEIROETH - The Lone Warrior AWAKEN! Or it will AWAKE!

9 Des

NEIROETH is like batman, waiting for the right time to pounce, I would had just doodled and keep it :( but i need to write more to explain so i do ; TLDR people a BIG CHONKY GREEN CANDLE ON THE MOVE

for nerds like me below!!

This is the image below of the TPO VAR and POC



THE TPO VAH and POC suggests
1. Volume Profile Insights:
• POC (Point of Control): Price has been consolidating around key POC levels, indicating areas of heavy trading activity and value. These levels will act as strong support or resistance depending on the direction of the breakout.
• VAH (Value Area High): Multiple rejections around VAH indicate strong resistance above, suggesting that bulls are struggling to push through these levels.
• VAL (Value Area Low): VAL levels have acted as support, with price rebounding several times, indicating accumulation or demand zones.
2. Price Compression:
• The chart shows signs of price compression, as the range between VAH and VAL has tightened in the recent sessions. This suggests a possible breakout is imminent.
3. Volume Behavior:
• Declining volume near current levels indicates indecision in the market. A surge in volume could confirm the breakout direction.

If price remains within the range of VAH ($0.082) and VAL ($0.074), consolidation is likely to continue. This would indicate that the market is still undecided, waiting for a catalyst (news, volume spike, etc.) for a breakout.