Market Overview for Neiro Ethereum/Tether (NEIROUSDT): Strong 24-Hour Bull Run and Momentum Build

• Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00017974 and closed at $0.00018553 after a 24-hour period marked by a sharp upward trend.
• The price surged to a 24-hour high of $0.00018695, breaking above prior resistance while forming bullish engulfing patterns in the final 4 hours.
• Total volume reached 5.06 billion contracts, and turnover hit $919.5 million, with strong momentum and rising volume in the last 6 hours.
• The RSI crossed into overbought territory near 70, while MACD (9, 12, 9) showed a bullish crossover and positive divergence in the final session.
• Volatility expanded significantly, with Bollinger Bands widening from $0.000178 to $0.000187, reflecting increased buying pressure and uncertainty.

Price Action and Structure

Neiro Ethereum/Tether (NEIROUSDT) opened at $0.00017974 on 2025-10-31 at 12:00 ET and closed at $0.00018553 the following day at the same time. The 24-hour session saw a high of $0.00018695 and a low of $0.00017487, representing a bullish trend driven by a sharp rebound from the early morning lows. Key support levels appear to be forming near $0.000177–$0.000179, while resistance levels have been tested and broken above $0.000185 and $0.000186. A bullish engulfing pattern was visible in the 15-minute chart in the final 4 hours, suggesting renewed buying pressure and a potential continuation of the upward move.

Moving Averages and Trend Direction

On the 15-minute chart, the 20-period and 50-period moving averages show a strong bullish crossover in the final 4–6 hours of the session, aligning with the price action. The daily timeframe shows that the 50-period moving average is above the 100-period and 200-period, indicating a longer-term bullish bias. This suggests that the recent upward move may continue unless strong bearish momentum emerges. The 50-period MA sits near $0.000182, providing a potential short-term floor or pivot for the next 24 hours.

MACD & RSI Analysis

The MACD histogram turned positive late in the session, with a bullish crossover forming around 2025-11-01 10:00 ET. The momentum has been strong and shows no immediate signs of weakening, with the MACD line trending upwards. The RSI indicator, at the end of the session, pushed into overbought territory (above 70), which is a common precursor to consolidation or a pullback. However, the RSI shows a positive divergence in the last 6 hours, suggesting that the bullish momentum may continue despite the overbought condition.

Volatility and Bollinger Bands

Volatility has expanded significantly during the 24-hour period, with the Bollinger Bands widening to reflect increased trading activity and price swings. Price spent most of the session trading between $0.000178 and $0.000186, with the upper band reaching as high as $0.000187. This expansion suggests that traders are active and the market is responding to news or catalysts, possibly speculative or liquidity-driven. The current price sits slightly above the upper Bollinger Band, indicating strong momentum but also raising the risk of a near-term correction or consolidation.

Fibonacci Retracements and Key Levels

Applying Fibonacci retracement levels to the recent swing from the 2025-10-31 17:00 ET low of $0.00017487 to the 2025-11-01 09:45 ET high of $0.00018500, the 38.2% retracement level is at $0.00018203, and the 61.8% is at $0.00018365. The price has already pushed beyond the 61.8% level and is now trading at levels near the 78.6% retracement. If buyers continue to hold above $0.000185, the next target could be the 127.2% extension at $0.0001887, but a rejection near the current level would suggest a consolidation phase.

Backtest Hypothesis

The backtest strategy described aims to use a MACD-based system on the NEIROUSDT pair, utilizing the MACD(12, 26, 9) configuration for trend and momentum signals. Given the recent bullish divergence in the MACD and the strong 20/50 MA crossover, a long entry signal could have been generated near 2025-11-01 10:00 ET. A stop-loss could be placed below the last swing low at $0.000181, while a profit target could be set at the 78.6% Fibonacci extension. However, due to the overbought RSI and the recent expansion in volatility, it is crucial to manage position size and consider the risk of a pullback or consolidation.