Neiro Ethereum/Tether (NEIROUSDT) experienced a decline from an intraday high of $0.0001995 to a close of $0.00019351, driven by bearish momentum. The Asian and European trading sessions were marked by increased volatility, with the price breaking through several lower Fibonacci levels. A surge in trading volume at key reversal points, coupled with divergence between price and volume, suggests the downtrend may be weakening.
Technical indicators such as RSI and MACD continue to show bearish momentum, while the widening of Bollinger Bands indicates rising market uncertainty. A bearish engulfing pattern near $0.0001945 on the 15-minute chart points to potential further declines in the short term.
Neiro Ethereum/Tether (NEIROUSDT) Declines Amid Bearish Indicators
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