Market Overview: Neiro Ethereum/Tether (NEIROUSDT) on 2025-12-29

Summary
• Price tested key resistance at $0.00011067, forming bearish divergence.
• Volume surged by 227% in the 4–6 AM ET window, indicating heightened interest.
• RSI entered oversold territory after 10 AM ET, signaling potential for a rebound.
• Bollinger Bands expanded, reflecting increased volatility.
• A bearish engulfing pattern emerged at the high of the 5-minute chart.

Price and Volume Performance

Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00010929 at 12:00 ET–1 and closed at $0.0001078 at 12:00 ET, hitting a high of $0.00011177 and a low of $0.00010678. The 24-hour volume amounted to 11,625,165,863.0 and turnover reached 1,271,483.1665.

Structure and Candlestick Formations

Key resistance appears at $0.00011067, where price failed twice and formed a bearish divergence. . Support is forming around $0.0001078–0.000108, with a bullish reversal potential if this range holds.

Momentum and Volatility

The 5-minute RSI dipped into oversold territory after 10 AM ET, hinting at short-term buying interest. MACD crossed below the signal line, reinforcing bearish momentum. Bollinger Bands expanded significantly, reflecting heightened volatility in afternoon and evening hours.

Volume and Turnover Signals

Volume spiked between 4–6 AM ET, correlating with a price drop from $0.0001115 to $0.0001102. Notional turnover remained aligned with volume, indicating a coherent downward move. A divergence emerged in the late morning as volume decreased while price continued to fall.

Forward-Looking Observation and Risk Note

Price may consolidate near the $0.0001078–0.000108 support range before attempting a rebound. A break below this level could target $0.0001065. However, traders should remain cautious of further bearish confirmation if key resistance is retaken and fails again.