Summary
• Price broke key support near $0.00010420, closing near $0.00010069 with bearish momentum.
• Volume surged 1645% during the final 5-minute candle, signaling significant bear pressure.
• RSI and MACD confirm oversold conditions, but divergence suggests further downside risk.
Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00010555 on 2025-12-30 12:00 ET, reached a high of $0.00010607, and closed at $0.00010069 on 2025-12-31 12:00 ET, with a low of $0.00010258. The pair traded 4.148 billion USDT in turnover, across a volume of 414,841,012
.
Structure and Candlestick Patterns
Price formation showed a strong bearish breakdown from the $0.00010420–$0.00010440 support cluster, confirmed by a long-bodied bearish candle at the 16:45 ET time frame.
A large bearish engulfing pattern developed during the last 30 minutes, with the closing candle at $0.00010069 marking the lowest point in the 24-hour range. A potential key support area appears forming around $0.00010003, where a doji formed at the 17:00 ET candle.
Volatility and Bollinger Bands
Volatility expanded significantly as price moved out of a narrow Bollinger Band contraction. During the breakdown, price traded below the lower band for multiple consecutive intervals, confirming high bearish bias. The last 30-minute interval saw an almost 20% drop from the upper to lower band, indicating strong selling pressure and elevated risk.
Volume and Turnover
Volume surged sharply at the 16:45 ET time frame, with the final 5-minute candle showing 4.148 billion USDT in turnover and 414,841,012 NEIRO traded—over 16 times the average 5-minute volume. This suggests large sell-side participation, with potential institutional activity or liquidation. The divergence between price and volume in the early morning session (1–2 AM ET) hinted at weakening bear momentum before the final breakdown.
Momentum and Indicators
RSI on the 5-minute chart dropped into oversold territory (below 30) during the last two hours, while the MACD histogram showed deep bearish divergence. On the daily chart,
may test the 200SMA, currently near $0.00010150. Fibonacci retracements from the recent $0.00010516–$0.00010003 swing show a 61.8% level near $0.00010220, which could serve as a near-term target for short-covering or profit-taking.
Looking Ahead
The breakdown below $0.00010420 suggests further bearish bias in the next 24 hours, with potential testing of the $0.00010003–$0.00010040 support zone. However, the large doji at $0.00010069 may indicate a potential near-term pause. Investors should watch for a possible bounce or retest of key levels, but remain cautious as volatility remains elevated and the momentum profile is highly bearish.
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