NEIROETHUSDT – Breakout AlertIn our previous analysis we spotted this symmetrical triangle but it eventually break down. After multiple rejections at the trendline resistance, price action formed a symmetrical triangle, leading to a bearish breakdown. However, momentum has shifted, and the market is now attempting a breakout from the key resistance zone.
Breakout Confirmed? If price holds above this zone, we anticipate a strong rally towards $0.08360, with an extended target of $0.19784.
Rejection Risk? Failure to hold could lead to a retest of the lower support at $0.01947.
Patience is key, let’s see how price reacts!