The Neiro Ethereum/Yen (NEIROJPY) pair experienced a significant decline, falling from 0.05176 to 0.043 by 16:00 ET on September 22, 2025. The price tested the 0.043–0.044 support level, with the Relative Strength Index (RSI) indicating oversold conditions. Bollinger Bands expanded sharply between 02:00–06:00 ET, highlighting increased market volatility. Large sell-offs at 06:15 and 09:45 ET confirmed the bearish momentum, as the 24-hour trading volume surged to 85,626,152 transactions, equating to a nominal value of 4,255,366.70 JPY. Technical indicators, including moving averages, MACD, and RSI, reinforced the bearish outlook, while Fibonacci retracement levels at 0.0447 and 0.0455 may serve as near-term resistance.