CandleFocus First Neiro on Ethereum Nears Key Breakout: Will Bullish Momentum Push it to $0.0020?
2024-10-28
Author: Content Editor
The First NEIRO on Ethereum token has experienced a 9.72% increase in the last 24 hours, trading at $0.001637. It is on the cusp of a breakout rally, with the potential to reach the $0.0020 mark. The recovery rally is challenging a short-term resistance trendline, and momentum indicators suggest a buy. However, there are signs of a bearish turnaround and resistance from the 23.60% Fibonacci level at $0.00170318. Price action traders should wait for confirmation before expecting NEIRO to surpass this level. Despite this, the Fibonacci levels suggest a positive target at the 50% Fibonacci level near $0.0020.
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