NEIROUSDT experienced a breakdown from a rising wedge, initiating a strong bearish trend that has persisted with sustained selling pressure.
Currently, price action has formed a bearish flag, signaling a potential continuation of the downtrend. Key levels of interest have been identified, with crucial support and resistance zones outlined on the chart. A breakdown below the support level would confirm further downside, providing a high-probability short opportunity targeting the projected drop zone.
Conversely, a breakout above the resistance would invalidate the bearish bias, opening the door for a potential bullish reversal. We should closely monitor price behavior around these levels to align with the dominant trend.
Do let me know what you think about this????
Currently, price action has formed a bearish flag, signaling a potential continuation of the downtrend. Key levels of interest have been identified, with crucial support and resistance zones outlined on the chart. A breakdown below the support level would confirm further downside, providing a high-probability short opportunity targeting the projected drop zone.
Conversely, a breakout above the resistance would invalidate the bearish bias, opening the door for a potential bullish reversal. We should closely monitor price behavior around these levels to align with the dominant trend.
Do let me know what you think about this????
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📢 Follow Only Official Links – Trade Smart, Stay Safe
🔹 Main Channel: t.me/+m0IACMn0ul03OTFk
🔹 Forex Zone: t.me/+piiPgrNtrulkNDk0
📩 For Promotions, Advertisements & Partnerships: @WESLAD
🔹 Main Channel: t.me/+m0IACMn0ul03OTFk
🔹 Forex Zone: t.me/+piiPgrNtrulkNDk0
📩 For Promotions, Advertisements & Partnerships: @WESLAD
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
