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【$NEIRO Signal】Chasing the rally, 1H level short squeeze continues
$NEIRO 1H level RSI surges to 85.63, buying pressure continues to push higher, price stays close to the upper Bollinger Band. The 4H MACD histogram keeps expanding, bullish momentum shows no signs of weakening. Market depth shows sparse sell orders, and the negative funding rate of -0.0108% provides natural fuel for the short squeeze.
🎯Direction: Long
⚡Entry: Enter around the current price of 0.00009031, aggressive traders can place staggered orders between 0.00009019 and 0.00010050 to build positions.
🛑Stop Loss: 0.00010130
🚀Target 1: 0.00009889
🚀Target 2: 0.00009809
🛡️Trade Management: - Execute strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot stay above 0.00009000 and quickly falls back, consider exiting early.
Current holdings are stable, and in a negative fee environment, bears are passive. As long as the price does not break below the 1H EMA20 support, this short squeeze structure will be hard to break. Volume increases during the rally, showing clear willingness of funds to absorb. The risk-reward ratio is close to 2, making this position worth taking with controlled risk to capture the inertia-driven upward profit.
Check real-time market 👇 $NEIRO
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