Market Overview for Neiro Ethereum/Tether (NEIROUSDT) — December 9, 2025

Summary
• Price opened at $0.00014661, dropped to $0.00013601, and closed near $0.00013676.
• Volume surged during the bearish phase, confirming weak momentum.
• A bearish engulfing pattern formed at the peak, signaling potential continuation of the decline.
• RSI reached oversold territory, suggesting a possible near-term bounce.
• Price remains below the 50-period and 20-period moving averages on the 5-minute chart.

Price Action and Open-High-Low-Close Summary

At 12:00 ET on December 9, Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00014661, reached a high of $0.00014696, fell to a low of $0.00013601, and closed at $0.00013676. Total volume over the 24-hour period was 17,190,733,970.0, with a notional turnover of $2,408.14.

Structure & Formations

Price action formed a distinct bearish trend following a large engulfing pattern at the peak, confirming the shift in sentiment. The breakdown from key resistance at $0.00014361 was confirmed by volume and price action. A doji appeared near $0.00013676, hinting at indecision as the price approaches oversold RSI levels.

Moving Averages and MACD

On the 5-minute chart, the 20-period and 50-period moving averages remained bearishly aligned, supporting the downward trend. The MACD line crossed below the signal line mid-day, reinforcing the bearish momentum. The daily timeframe remains unconfirmed due to insufficient data, but the 50-period EMA on the 5-minute chart continues to press downward.

RSI and Bollinger Bands

Relative Strength Index (RSI) fell into oversold territory below 30 toward the close, suggesting a potential short-term bounce. Price remains near the lower Bollinger Band, with volatility remaining compressed, indicating a period of consolidation may follow a retest of key support levels.

Volume and Turnover Analysis

Volume spiked during the key bearish move from $0.00014661 to $0.00013601, confirming the bearish sentiment. Turnover aligned with volume surges, with no major divergence seen between price and volume. The final 15-minute bar showed reduced volume and a doji, suggesting temporary equilibrium could form.

Fibonacci Retracements

Fibonacci levels drawn from the $0.00014661 high to the $0.00013601 low show price currently near the 61.8% retracement level at $0.00014124. This level could act as a key resistance if a short-term bounce occurs. On the 5-minute chart, price appears to be testing the 38.2% retracement at $0.00014143, which could serve as support or resistance in the near term.

The price may see a short-term bounce near the 61.8% retracement level but faces continued downward pressure from broader trend and key moving averages. Investors should watch for a break below $0.00013601 as a potential warning of further risk.