NEIRO / TetherUS
Diupdate

Neirousdt Trading idea

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NEIROUSDT experienced a breakdown from a rising wedge, initiating a strong bearish trend that has persisted with sustained selling pressure.

Currently, price action has formed a bearish flag, signaling a potential continuation of the downtrend. Key levels of interest have been identified, with crucial support and resistance zones outlined on the chart. A breakdown below the support level would confirm further downside, providing a high-probability short opportunity targeting the projected drop zone.

Conversely, a breakout above the resistance would invalidate the bearish bias, opening the door for a potential bullish reversal. We should closely monitor price behavior around these levels to align with the dominant trend.

Do let me know what you think about this????
Trading ditutup: target tercapai
Neiro hit bear target as provided.

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Catatan
Just as projected the price make a good bounce off the bear target where we anticipated for strong re-accumulation, the immediate plan now is to keep align our long position for the price to test out crucial resistance zone as shown on the chart.

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