NEIRO / TetherUS PERPETUAL CONTRACT
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Where is the target area of โ€‹โ€‹#NEIRO?

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๐Ÿ“ŠWhere is the target area of โ€‹โ€‹#NEIRO?

๐Ÿง We started a strong rebound after the expected pullback, but unfortunately it did not reach the buy zone I wanted to focus on, so we had to miss this wave of rise.

โžก๏ธFrom a structural point of view, we have now reached the staged resistance zone, and there is a risk of a pullback, so it is unreasonable to chase the rise. Short-term trading opportunities can be found near the two necklines, and if the long defense points are intact, we can look forward to the realization of the red target area.

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๐Ÿ“Š#NEIRO hits a new high, what's next?โ“

๐Ÿง From a structural perspective, the ideal target area of โ€‹โ€‹the double bottom bullish structure we built near the buy zone has been fully realized, so there is an expectation of a pullback, so be cautious in chasing the rise!

โžก๏ธBut we continue to break through the historical high, which means that the space above is open, and we still have the opportunity to go higher.

โžก๏ธThere are currently two expectations. The first expectation is to consolidate a new bullish structure in the red target area and continue to rise. The other expectation is to continue to rise after a pullback to the inflection point to get support

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