Market Overview: Neiro Ethereum/Tether (NEIROUSDT) - October 3, 2025

• NEIROUSDT posted a 0.46% 24-hour gain, forming a bullish pattern near key support at $0.000281.
• Volume surged near $0.000289–$0.000294, confirming a potential short-term breakout.
• RSI reached 58, indicating balanced momentum, while Bollinger Bands showed moderate volatility.
• A 61.8% Fibonacci retracement level at $0.0002898 acted as a dynamic support/resistance.
• MACD crossed into positive territory, suggesting accumulation in the upper half of the day.

Neiro Ethereum/Tether (NEIROUSDT) opened at $0.0002812 on October 2, 2025, and closed at $0.00028308 by 12:00 ET the following day. The 24-hour range was $0.00028119 to $0.00029475. Total volume was 13,368,665,396.0 and turnover was $3.79 billion. The pair demonstrated a bullish bias in the latter half of the day, with volume surging as price tested key levels.

Key support levels identified include $0.000281–$0.000283 and $0.000286, with a bearish engulfing pattern visible at the lower end of the range. A bullish harami appeared near the close as price gapped up and consolidated above $0.000284. The 50-period and 20-period moving averages on the 15-minute chart crossed above the price during the breakout phase, indicating short-term bullish momentum.

MACD turned positive in the latter half of the session, with the signal line crossing above the histogram. RSI hovered around 58, indicating balanced bullish and bearish pressure. Bollinger Bands showed moderate expansion in the late afternoon, with price hovering above the midline during the surge toward $0.000294. A 61.8% Fibonacci retracement at $0.0002898 acted as a pivot point during consolidation.

Volume spiked near $0.000294, confirming the breakout attempt, though price failed to hold above that level. A divergence between higher highs in price and softer volume in the late hours suggests caution for further short-term moves. Notional turnover also surged during the $0.000289–$0.000294 range, reinforcing the importance of that level. Looking ahead, the next 24 hours may see a test of $0.000295 or a pullback toward $0.000281, with RSI and MACD likely to provide early directional cues.

Backtest Hypothesis: The strategy described involves entering a long position on NEIROUSDT when price closes above a 15-minute 20-period moving average, with a stop-loss placed below the 50-period moving average and a take-profit at the next 61.8% Fibonacci level. Based on today’s price action, the 15-minute 20-period MA crossed above price during the late afternoon surge, aligning with the proposed entry trigger. A stop-loss at $0.0002858 would have been triggered had price pulled back, but a take-profit at $0.0002898 would have captured part of the move. Given the current momentum, the strategy may offer a favorable risk/reward in the next 24 hours, provided RSI does not enter overbought territory before a reversal.