NEIROETH, about to explode again soon, may retest 10x again.
Updated
A new meme coin has emerged and caught the market’s attention with rapid price growth. It’s called Neiro Ethereum and is based on the OG doge meme coin.
After launching, it has risen to a staggering $193 million market cap.
But BTC and overall market selling pressure has dominated everything - and memes took the swipe too -- with so much volatility.
From peaking at a parabolic high of 0.20, NEIRO retraced heavily to an outrageously bargain zone at minus 10x levels to 0.020 zone.
Now, based on the latest daily data metrics. There is an apparent heavy accumulation at the current price range and a strong reversal to the upside is expected from here on.
At a lighter mcap now, the bargain opportunity is too tempting to be missed.
Spotted at 0.0250
Target: Back to previous peak at 0.20
TAYOR.
After launching, it has risen to a staggering $193 million market cap.
But BTC and overall market selling pressure has dominated everything - and memes took the swipe too -- with so much volatility.
From peaking at a parabolic high of 0.20, NEIRO retraced heavily to an outrageously bargain zone at minus 10x levels to 0.020 zone.
Now, based on the latest daily data metrics. There is an apparent heavy accumulation at the current price range and a strong reversal to the upside is expected from here on.
At a lighter mcap now, the bargain opportunity is too tempting to be missed.
Spotted at 0.0250
Target: Back to previous peak at 0.20
TAYOR.
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After this was posted, NEIRO surged like crazy -- and it hasn't concluded yet.
Congrats holders.
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Fomo of the year. lolTrade active
NEIRO hibernated a bit which it deserves.
Now its cooling off again -- and accumulation zone has surfaced.
Run up Machine will be switched on again soon.
TAYOR.
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as expected. we are aiming for minus zero in the next runup.
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intraday data:
This is getting ready to minus zero, to 0.10 zone.
familiar price behavior has been spotted.
TAYOR.
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Update:
NEIRO did as expected -- omit zero.
I knew it was bound to happen but I never expected this so soon. lol
That was multiple x already from our spot from 48 hours ago. Crazy -- in a good way.
But I'll take it.
Now on our latest intraday metrics, neiro is creating another accumulation zone for the next run-up with target set at 0.20 area, it's peak zone. A break off it would mean exponential short squeeze to perhaps 11B mcap.
Again this is a meme coin, so factor more than average volatility in your trade.
Safeguards with good RM should keep you afloat.
For the early entrants, you should not worry much - like me.
TAYOR.
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NEIRO healthily pulled back from 0.17 to 0.13 area.
Now, the coin is hinting of a concluded accumulation. It has entered the heat zone area again for a new round of ascend.
Interim target set at 0.20
Place safety as always.
TAYOR.
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there ya ago, as expected.
from 0.13 to 0.17 real quick.
congrats holders.
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Daily data update:
NEIRO healthy correction is still at play at the moment. It retraced back to its higher base zone to 0.12/0.13 levels. This is a major order block on intraday, and I expect some repeat bounce from this area, as shown in the diagram below.
TAYOR.
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REITERATION: STRONG BUY / HOLD at this levels.
Neiro is aiming at x2 on the next run up.
Spotted at 0.120
TAYOR.
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Here is my assessment on the next few days/weeks.
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signal alert:
it has begun.
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NEIRO managed to spiked from our spot then did another muted retraced creating another higher base. It has now created a bullish triangle formation which will fiber-up strength hinting of a stronger incoming ascend.
TAYOR.
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Intraday quick update:
We are moving based on expectation.
0.20 is coming.
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Intraday update:
NEIRO managed to retest the top by touching 0.19 levels -- then retraced healthily to the current levels at 0.16+ area. These are normal fractal moves and it's needed for sustainable ascend - proven by the stair ups behavior it always does in the past.
Now, the coin is back again at creating an accumulation zone as of this posting. Thereafter, expect another new rise attempt.
TAYOR.
Congrats to those who got in early -- keep HOLDING.
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there ya go, another break.Trade active
So far so good.
Here's our future outlook for the next few weeks.
It may or may not happen, these are just personal assessment.
Be guided. Safeguard trades if you must - especially for late entrants.
We are at the early stage of breakout of the old peak resistance -- no hindrance zone. It means more growth is expected from this key area.
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I wouldn't disregard a touch base on the breakzone -- meaning to re-tap 0.18 levels, then proceed ascend. It did the same thing on 0.060 area before the vertical rise.
Breakout, re-tap breakline, then proceed.
So be guided.
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As expected, after the good breakout it retouched it's breakline point.
Now that imbalance has been fixed, chances of a proper ascend can now proceed.
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quick intraday update:
NEIRO is teasing another re-attempt to revisit its previous high on this corrective higher base.
Comment
Update:
NEIRO is currently at accumulation stage.
Correction is at saturation point already and about to conclude.
A new attempt to the upside will be in order soon.
TAYOR.
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It touched an important major order block to 0.5 FIB LEVELS.
This should be enough to warrant an upside attempt.
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Familiar paint stroke being created by NEIRO -- the W formation.
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NEIRO correction is close to concluding -- shorts has met saturation point.
another good movement is forthcoming.
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SIGNAL is up today.
Chart is self explanatory.
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another breakout round in order soon.
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this will start pacing up real soon.
Comment
weekend update:
NEIRO is currently showing the same DNA behavior from the 0.020 range -- before the massive surge.
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best re-seed area opportunity at the current accumulation zone.
0.16 to 0.17.
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Daily data update:
We're still in accumulation zone.
Yesterday it provided another extended bargain area to 0.15.
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