Market Overview for Neiro Ethereum/Yen

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 9:11 am ET1min read
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- NEIROJPY dropped to 0.02012 before rebounding, forming a bullish engulfing pattern at 0.02056.

- Surging volume at key levels and RSI oversold signals suggest potential short-term reversal.

- Bollinger Band contraction and Fibonacci 38.2% retracement at 0.02056 highlight consolidation dynamics.

- Cautious optimism persists as price tests 0.02085 resistance with mixed momentum and thin volume.

Summary
• NEIROJPY declined to 0.02012 before a late 24-hour rebound.
• A bullish engulfing pattern formed near 0.02056, suggesting short-term reversal.
• Volume surged at 0.02056 and 0.02078, confirming key level activity.
• Bollinger Band contraction occurred during consolidation phases.
• RSI signaled oversold conditions at 0.02012 and moderate momentum thereafter.

24-Hour Price & Volume Summary


Neiro Ethereum/Yen (NEIROJPY) opened at 0.02056, reached a high of 0.02085, and a low of 0.02012, closing at 0.02057. Total volume for the 24-hour period was 3,080,637.0 units, with notional turnover of 64,148.55 JPY.

Structure & Candlestick Formations


A bullish engulfing pattern emerged at 0.02056 following a downward leg, hinting at a potential short-term reversal. A doji at 0.02036 further emphasized indecision around this level. Support appears to have held at 0.02012, where price consolidated before a modest rebound.

Moving Averages and Momentum


On the 5-minute chart, price briefly crossed above the 20-period moving average during the late rebound.
The 50-period line acted as a key psychological level, with the asset bouncing off it multiple times. RSI dipped into oversold territory at 0.02012, indicating a potential buying opportunity, but momentum remains cautiously constructive.

Volatility and Bollinger Bands


Bollinger Bands showed a period of contraction during the consolidation between 0.02036 and 0.02056, suggesting low volatility. Price later tested the lower band at 0.02012 and returned to mid-band levels, indicating a balance between bearish and bullish pressure.

Volume and Turnover Analysis


Volume spiked at 0.02056 and 0.02078, confirming these as key levels of interest. Turnover aligned with the volume spikes, showing no divergence. The late rebound saw moderate volume and turnover, suggesting cautious optimism rather than a strong reversal.

VisualRetracements


Fibonacci retracements drawn from the high of 0.02085 to the low of 0.02012 identified 0.02056 as a 38.2% retracement level, where the asset found temporary support and reversed. This level may continue to act as a key area for near-term price action.

Looking ahead, NEIROJPY may test the 0.02085 resistance level, with a potential for further consolidation or a breakout if buyers commit. Investors should remain cautious of thin volume and mixed momentum signals, which could signal uncertainty in the near term.