NEIROUSDT Trade the Triangle break-outsNEIRO (NEIROUSDT) has been trading within a Triangle pattern since the September 10 All Time High (ATH). The 1D MA50 (blue trend-line) is almost in the middle of it, so the trend will be neutral and sideways as long as the price keeps trading within.
Our suggestion is to trade to the direction of the break-out that takes place first. If it will be above the pattern (Lower Highs), buy and target the 2.0 Fibonacci extension at 0.2200. If below the pattern (Higher Lows), sell and target the -1.0 Fib ext at 0.0310.
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Neirousd
NEIROUSDT: A Billion-Dollar Surge is Coming! After a successful breakout from resistance, NEIROUSDT has undergone a healthy retracement and is now bouncing back from strong support levels. With momentum building, we anticipate that NEIROUSDT will soon cross the $1 billion market cap, joining the ranks of the billion-dollar meme coin club.
The current bullish trend in the meme coin market further supports our expectation of significant upward movement. Don’t miss out on this exciting opportunity—keep an eye on NEIROUSDT as it gears up for potential explosive gains!
Happy trading!
NEIROUSDT Currently trading at $0.00197
Buy level: Above $0.0019
Stop loss: Below $0.0015
TP1: $0.0022
TP2: $0.0025
TP3: $0.003
TP4: $0.004
Max Leverage 3x
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NEIROUSDT Long Trade IdeaThis is a riskly long trade because NEIROUSDT consolidated very quickly into the 15 MIN Key Level Zone so there are high changes that it might break the zone.
However, we're seeing a bounce from the zone so just going to play long from here.
Entry Price: 0.0011436
SL: 0.0011213
Targets are marked on the Chart.
TP1: 0.00117282
TP2: 0.00120277
TP3: 0.00123222
TP4: 0.00132361
Lets see if this plays out.
Happy Trading!
NEIRO (Binance) Analysis (30M)Note that NEIRO is different in each exchange. This analysis is for NEIRO, which is listed on Binance (spot and futures section).
Since listing, NEIRO appears to be forming a bullish multiple combination.
Now it looks like the Y wave is over (it was a diametric). Price can now enter a correction phase or enter an X wave.
Considering the bullish sentiments on this MEMECOIN, the price seems to reject upwards from the green range and witness an X wave.
Warning: There is not much data available for this symbol, so control the capital and leverage management
Closing a 4-hour candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You