Market Overview for Neiro Ethereum/Yen (NEIROJPY) – 2025-09-26

• Price fell sharply from 0.04162 to 0.040 by mid-evening, then rebounded modestly to 0.04066.
• RSI and MACD showed bearish momentum mid-session, but divergence flagged potential reversal.
• Volatility expanded as price moved from tight consolidation to a 2.45% range.
• Bollinger Bands saw price at the lower band early, then retesting the upper band late.
• Turnover surged during key reversal candles, suggesting increased participation post-04:00 ET.

The Neiro Ethereum/Yen (NEIROJPY) opened at 0.04154 on 2025-09-25 at 12:00 ET and closed at 0.04058 on 2025-09-26 at 12:00 ET. The 24-hour range was 0.04162 (high) to 0.04 (low), with total volume of 161,829,174.6 and turnover of 6,421,075.9 Yen. Price action was marked by sharp bearish movement followed by a partial recovery.

Structure & Formations

Price action displayed a key breakdown from 0.04162 to 0.04 in a 4.5-hour span, followed by a consolidation and gradual recovery. A bullish candle at 0.04033 to 0.04058 at 06:00–06:45 ET hinted at a potential reversal. Key support levels appear to be forming at 0.0400 and 0.0395, while resistance is retesting 0.0406–0.0408. A morning doji at 0.04042 at 05:15 ET also signaled indecision.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA crossed below price by the morning, indicating bearish bias, but the 20SMA reintersected price by late morning. The 50-period moving average acted as a dynamic support during the recovery. Daily 50/200SMA suggest a bearish bias, though price has begun to retest the 50DMA.

MACD & RSI

MACD showed a bearish crossover mid-session but turned bullish by early morning, aligning with the price recovery. RSI dropped to 27–29 in the late afternoon before recovering to 49 by 10:00 ET. While not yet in overbought territory, the divergence between bearish RSI and bullish price action suggests a potential near-term reversal.

Bollinger Bands

Price touched the lower Bollinger Band at 0.040 in the afternoon before moving toward the upper band by 07:00 ET. Volatility expanded during the recovery phase, suggesting increased market participation. The bands were relatively wide, indicating the price was operating outside a consolidation phase.

Volume & Turnover

Volume spiked dramatically during the morning recovery, peaking at over 12.9 million units. Notional turnover also surged during this phase, confirming the reversal’s credibility. Volume during the bearish leg was lower in comparison, suggesting the selloff may have been driven by fewer large orders.

Fibonacci Retracements

On the 15-minute chart, the price retested the 61.8% Fibonacci retracement level (0.04047) before consolidating. On the daily chart, the 0.382 level (0.04075) appears to be a near-term resistance. The 0.618 level sits at 0.0400, which may provide further support.

Backtest Hypothesis

A potential backtesting strategy could involve a long entry at a 61.8% Fibonacci retracement level with a stop-loss placed below the 0.0400 support. A 2:1 risk-to-reward ratio target of 0.0412–0.0414 could be used as a profit target. MACD crossover and RSI divergence are used as confirmation signals for entry. This strategy would leverage the observed price action dynamics and suggest a measured, probabilistic approach to capturing the potential continuation of the bullish bias post-04:00 ET.