The price of NEIRO has dropped by 5.13% since yesterday, causing some coins to return to the red zone. On the hourly chart, NEIRO is looking bearish and may experience a breakout followed by a drop to the $0.001050 zone. On a bigger time frame, NEIRO has made a false breakout of yesterday's candle's peak. If the rate closes near its low, the fall may continue to the $0.0010-$0.001050 area by the end of the week. In terms of the previous candle peak of $0.001038, the weekly closure will be important to determine if bears will seize the initiative. As of press time, NEIRO is trading at $0.001152.
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