NEIRO (NEIROUSDT) saw sharp losses in its latest intraday trading, with the price breaking below its 50-period SMA support, exposing it to negative pressure. The short-term downtrend remains dominant, with trading occurring along a trendline that supports this bearish path, while negative signals are emerging from the RSI indicators after reaching extreme overbought levels, reinforcing this negative scenario.
Therefore, we expect the currencys price to decline in upcoming intraday trading, as long as the resistance at 0.00045898 holds, targeting the key support level of 0.00035718.
Expected trend for the upcoming trading: Bearish