Looking at NEIRO's technical chart, there is indeed a bit of a top formation feeling right now.



Multiple cycles are sounding alarms—15-minute RSI is only at 65 but has already started to lose momentum, 1-hour RSI is soaring to 75, creating a loose structure at a new high, and the 4-hour RSI is even more severe, reaching 78, indicating a seriously overbought stage. The most concerning part is the volume; currently, the trading volume has shrunk significantly, making a breakout unlikely. This high-level low-volume situation often leads to a reversal.

**How to view the position?** The current price level is basically oscillating. Above is the previous high, and a breakout requires a 5% increase to truly break through. The support below isn't very solid; a drop of 3-7% is a critical defensive zone.

**How to operate more safely?** Honestly, the smartest choice now is to sit on the sidelines and watch. Don't chase the high; chasing now can easily lead to losses. If NEIRO drops 3% below the current price, you can cautiously try shorting, targeting the 7% support zone, with a stop-loss set at the previous high—this way, the risk is manageable. Conversely, if volume picks up and breaks above the previous high, there's no need to rush in; wait for a pullback confirmation before considering entering.

In summary: mainly observe, avoid long positions. Be patient and wait for trigger conditions; once entering, strictly set stop-losses and avoid holding onto losing positions.
NEIRO-4.42%
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