🚨 $NEIRO breaks out +55%: Volume explodes, RSI overbought, momentum explodes
$NEIRO is one of the memecoins that has recently started to attract market attention, with a massive +55.86% increase in the past 24 hours – trading at around 0.00062926 USDT. Volume has also exploded, with 419.44 billion NEIRO changing hands in just one day.
From a technical perspective:
* RSI(6) hits 96, indicating an extremely overbought condition.
* MACD and histogram show strong growth in bullish momentum.
* The price has managed to break through a minor resistance in the 0.00029943 area, immediately breaking through the EMA(99) which acts as an accumulation limit.
* The combination of signals of EMA13 > EMA21 > EMA99 indicates the strength of an active short-term trend.
With the last 1 hour candle nearing the top, this could be a rapid distribution phase - or the start of a further parabolic move, depending on how the market reacts to the next supply zone around 0.00064608.
📌 Disclaimer: Not promotional, not financial advice
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