NEIROUSDT | Long | Technical Setup| (May 2025)

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NEIROUSDT | Long | Technical Setup in Accumulation Zone | (May 2025)

1️⃣ Quick Insight:
NEIROUSDT has been in a long-term downtrend and hasn’t shown much fundamental strength or interest. Still, from a technical point of view, it's forming a potential wedge or accumulation structure that could offer some upside.

2️⃣ Trade Parameters:
Bias: Long
Entry: Based on current structure, a small position setup is forming
Stop Loss / Take Profits: 📉 Please refer to chart for exact SL and TP levels
This will be a light position—not expecting fireworks, just playing the potential technical rebound.

3️⃣ Key Notes:
This is a speculative play with limited confirmation from fundamentals or money flow. The market hasn’t shown strong interest in NEIRO recently, but if buyers do step in, it could push the price toward the upper end of the current pattern. If not, that’s fine too—this setup is low-conviction and sized accordingly. There’s no strong base, but the shape of the current structure gives a reason to watch.

4️⃣ Follow-up:
If price action confirms further, I may scale or update this idea. Otherwise, it's just a watch-and-react plan.

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Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
Note
snapshot

🔄 NEIROUSDT Update
NEIRO has broken below the VWAP and also lost the compound support zone, which is a warning sign. While we did get a liquidity sweep, the follow-through hasn’t been strong.

What's especially concerning is that open interest has been increasing while price is falling, and at the same time, spot selling has picked up — particularly after losing VWAP. This kind of divergence suggests weakness.

Because of that, I’m choosing to hedge my position here and stay cautious until price action and market structure improve.
Note
Neiro Hedge till tomorrow evening snapshot

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