NEIRO (Binance) Analysis (30M)Note that NEIRO is different in each exchange. This analysis is for NEIRO, which is listed on Binance (spot and futures section).
Since listing, NEIRO appears to be forming a bullish multiple combination.
Now it looks like the Y wave is over (it was a diametric). Price can now enter a correction phase or enter an X wave.
Considering the bullish sentiments on this MEMECOIN, the price seems to reject upwards from the green range and witness an X wave.
Warning: There is not much data available for this symbol, so control the capital and leverage management
Closing a 4-hour candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
