NEIRO LONG IDEA - MEMECOIN SEASON
NEIRO is one of the most hyped memecoins on Ethereum overall. I've been keeping an eye on this one for a while. It's always a good idea to monitor coins like these because when they move, they move big. I’m projecting at least an 80% increase from here, targeting the all-time high (and potentially more).
Technical Analysis:
The price has been retracing into the weekly demand zone for some time. We’ve now hit the maximum discount zone according to my analysis. I also received my LTF confirmations, so I’m entering a long position here, aiming for a move all the way back to the ATH.
Stop Loss: $0.001145 (below daily close; it might wick below this level but shouldn’t close below)
Technical Analysis:
The price has been retracing into the weekly demand zone for some time. We’ve now hit the maximum discount zone according to my analysis. I also received my LTF confirmations, so I’m entering a long position here, aiming for a move all the way back to the ATH.
Stop Loss: $0.001145 (below daily close; it might wick below this level but shouldn’t close below)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.