Market Overview for Neiro Ethereum/Tether (NEIROUSDT)

Summary
• Price action shows a strong bearish bias, breaking key support levels into the 0.00012800 region.
• RSI and MACD confirm weakening momentum, suggesting oversold conditions near 0.00012800-0.00012900.
• Volume surged during the downward leg, confirming bearish sentiment with no clear reversal patterns yet.
• Bollinger Bands expanded during the sell-off, signaling heightened volatility with a possible bounce or continuation.
• Fibonacci retracement levels suggest potential resistance at 0.00013080 and 0.00013250 ahead of further downside risk.

Neiro Ethereum/Tether (NEIROUSDT) opened at 0.00013479 on 2026-01-11 17:00 ET, reached a high of 0.00013552, and closed at 0.00013063 by 12:00 ET on 2026-01-12. The pair recorded a 24-hour volume of approximately 15.24 billion USDT and a notional turnover of 197.62 million USDT.

Price action on the 5-minute chart displayed a consistent bearish bias, with a breakdown below critical support levels at 0.00013100 and 0.00013000. A series of engulfing bearish candles confirmed the downward move into 0.00012800-0.00012900, where RSI hit oversold territory, and MACD showed negative divergence. Volume spiked during the sell-off, particularly between 20:15 ET and 22:30 ET, which aligned with the largest price drop.

Bollinger Bands expanded during the 24-hour window, reflecting increased volatility, while price remained near the lower band throughout the late evening and into the following morning. Fibonacci retracement levels from the prior day’s high to current low indicated potential for a bounce at 0.00013080 (38.2%) and 0.00013250 (61.8%).

Looking ahead, a short-term rebound may test these retracement levels, but without a strong reversal pattern or bullish confirmation, the bias remains bearish. Investors should monitor volume behavior at these levels and be mindful of potential continuation into 0.00012750 if resistance fails.