Summary
• Price action shows bearish momentum with key support tested at $0.00013124 and resistance at $0.00013375.
• RSI and MACD indicate weakening bullish momentum, with potential for short-term oversold conditions.
• Volatility increased in the second half of the day, with volume surging as price fell below the 20-period MA.
At 12:00 ET on January 9, 2026, Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00013525, reaching a high of $0.00013691 and a low of $0.00013102 before closing at $0.00013270 at 12:00 ET on January 10. The 24-hour volume was approximately 4.06 billion units, with a notional turnover of $54,121,684.
Structure & Formations
Price formed a bearish engulfing pattern near $0.00013375 early in the session, followed by a sharp decline toward key support at $0.00013124. A potential bullish reversal formed near that support in the late evening, but failed to break convincingly. The 20-period MA remained bearish throughout, with price closing below it for the second consecutive session.
Moving Averages
The 20-period MA at $0.0001335 and 50-period MA at $0.0001345 were both breached to the downside, suggesting continued bearish bias on the 5-minute chart. Daily MAs (50/100/200) were not breached during the session, but price remains below key bullish thresholds.
MACD & RSI
MACD turned negative mid-session and remained below the signal line, signaling bearish momentum. RSI dipped toward the oversold zone in the late hours of the session, suggesting potential for a short-term rebound. However, RSI failed to show a strong bullish divergence, which may limit upside potential.
Bollinger Bands
Price traded near the lower band of the Bollinger Bands in the final hours, indicating low volatility and a possible consolidation phase. A contraction in the bands during the midday suggests a period of consolidation before a breakout or breakdown may occur.
Volume & Turnover
Volume spiked in the late afternoon and evening, especially as price moved toward key support levels. Notional turnover reached a 24-hour high of $54 million in the last 15-minute interval, which coincided with a failed bullish attempt. This volume confirmation may indicate a potential rejection of further bearish moves.
Fibonacci Retracements
On the 5-minute chart, the 61.8% Fibonacci retracement level sat near $0.00013325, which held during early declines but failed to hold during a later rebound. Daily Fibonacci levels suggest key support could be tested near $0.00013095 in the near future.
The market may continue to test near-term support levels in the next 24 hours, but the recent volume spike suggests traders could defend the $0.00013124 level. Investors should remain cautious of a breakdown below this level, which could trigger further short-term bearish momentum.
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