Market Overview for Neiro Ethereum/Tether (NEIROUSDT)

• Price dipped from intraday high of $0.0001995 to close at $0.00019351 amid bearish pressure in the overnight session.
• Volatility expanded during the Asian and European session, with price breaching multiple lower Fibonacci levels.
• Volume surged at key reversal points, with a divergence between price and turnover suggesting potential trend exhaustion.
• RSI and MACD signaled bearish momentum, while Bollinger Bands widened, indicating rising uncertainty.
• The 15-minute chart shows a bearish engulfing pattern forming near $0.0001945, suggesting further downside may be in play.

Price Action and Volume Summary

Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00019058 on 2025-10-24 at 12:00 ET, reaching an intraday high of $0.0001995 before closing at $0.00019351 on 2025-10-25 at 12:00 ET. The 24-hour low was recorded at $0.00018806. Total notional volume amounted to approximately $784 million, with a total turnover of $150 million, indicating active but divergent market participation across sessions.

Structure and Candlestick Formations

Key support levels emerged near $0.0001930 and $0.0001915, both holding firm during the overnight selloff. A bearish engulfing pattern formed on the 15-minute chart near $0.0001945, suggesting a short-term bearish bias. A doji near $0.0001935 signals indecision, while a strong bearish reversal was observed around $0.0001970, coinciding with a 50-period moving average break on the 15-minute chart.

Moving Averages and Momentum Indicators

On the 15-minute chart, the price closed below both the 20-period and 50-period moving averages, reinforcing bearish momentum. On the daily chart, the 50-period MA is below the 100-period and 200-period MAs, indicating a longer-term bearish bias. RSI has fallen into oversold territory at 27, but this has not yet triggered a rebound. MACD lines have crossed below the signal line, reinforcing bearish momentum.

Bollinger Bands and Volatility

Bollinger Bands have expanded during the Asian and European trading sessions, reflecting increased volatility. Price has oscillated between the upper and lower bands, with several rejections observed near the 1σ level. The most recent rejection occurred at the lower band near $0.0001925, suggesting a possible bounce or deeper correction depending on buying pressure.

Volume and Turnover Divergences

Volume spiked at key support levels ($0.0001930, $0.0001915), yet price failed to respond with a meaningful rebound, indicating potential exhaustion among buyers. Turnover has shown a divergence from price action, with declining turnover during the afternoon session despite a pullback. This suggests fading bearish conviction.

Fibonacci Retracements and Key Levels

Fibonacci retracement levels from the recent swing high ($0.0001995) and low ($0.00018806) show the price has found support at the 38.2% ($0.0001946) and 61.8% ($0.0001921) levels. A close below $0.0001921 could trigger a deeper correction toward $0.0001900.

Backtest Hypothesis

The MACD golden cross backtest strategy requires validation due to an issue retrieving MACD data for NEIROUSDT. Given the current bearish momentum and divergence in volume and RSI, a revised approach using confirmed MACD crossovers on a validated ticker could help refine entries. If the price breaks below the 61.8% Fibonacci level at $0.0001921, a MACD crossover from below to above the signal line could serve as a potential short-term reversal trigger.

Forward-Looking View and Risk Caveat

In the next 24 hours, NEIROUSDT may test key support at $0.0001920–$0.0001915. A break below this could target $0.0001900. However, given the divergences in volume and the RSI nearing oversold territory, a counter-trend bounce cannot be ruled out. Investors should remain cautious of increased volatility and potential for a false breakout.