The latest data reveals that the downtrend continues across several altcoins, with NEIRO leading the decline by 8.22%, currently trading at $0.00193069.
Technical Analysis Report: $NEIRO, $REN, #DYM, and $PEOPLE ..
Fresh data shows the downtrend continuing across several altcoins, with NEIRO leading the decline by 8.22%, currently trading at $0.00193069. This steep drop indicates NEIRO might be approaching a critical support zone. Traders should observe whether this level holds, as a breakdown could lead to further losses toward $0.0018.
REN also experienced a decline of 8.20%, dropping to $0.0366. This movement highlights increasing bearish pressure in the token. If REN fails to stabilize, the next key support area lies near $0.035. However, should the market sentiment shift, a rebound from current levels could result in a retest of $0.04 resistance.
DYM and PEOPLE each dropped by 7.18%, trading at $1.731 and $0.08266, respectively. DYM's correction is significant, as it sits just above critical psychological support at $1.70. A failure to hold this zone could open doors for further downside, potentially targeting $1.65. Meanwhile, PEOPLE is struggling to maintain bullish momentum, with a potential risk of sliding toward $0.080 if the decline continues. Traders should keep a close eye on these assets for any sign of a reversal or further breakdown.
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