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Cryptocurrency News Articles
$NEIRO /USDT COLLAPSE: BIGGEST DROP YET – WHAT’S NEXT?
Oct 24, 2024 at 03:05 am
Cryptocurrency pair $NEIRO /USDT is experiencing a steep decline, with a drop of 15.54% bringing the price down to $0.00144278 at the time of writing. The pair has encountered strong selling pressure, evident in the sharp descent from a high of $0.00175398. As the price continues to fall, we can identify key levels to watch for potential shifts in the market trend.
💡 CRITICAL Levels to Watch: 💡
🚧 Resistance Level: $0.00154438 – For any chance of recovery, bulls will need to push the price back up and break through this resistance. This level could serve as a crucial point for attracting more buyers into the market.
📉 Immediate Support: $0.00138827 – The price is currently hovering close to this support level. A break below this support could lead to another sharp decline, further amplifying the bearish momentum.
🎯 Downside Target: $0.00136718 – If support fails to hold, we might witness a drop toward this target, triggering more selling as panic intensifies in the market.
Now, let's consider the possible scenarios based on the price action and technical analysis.
📉 What’s Next? 🔮
Bearish Breakdown: If NEIRO/USDT falls below $0.00138827, a drop toward $0.00136718 is likely, signaling further market weakness.
Bullish Bounce: If bulls manage to reclaim $0.00154438, the pair could stabilize and make an attempt to push higher, potentially testing $0.00175398 again.
Stay on high alert—NEIRO/USDT is at a crucial tipping point, and the next move could be massive!
#ScrollOnBinance #APTSurpassesSUI #XRPDonationsUSElections #UptoberBTC70K? #BinanceLabsInvestsLombard
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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