NEIROUSDT → Countertrend momentum. Is the reversal close?

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NEIROUSDT.P is one of not many coins that is growing. But the only disadvantage is that the coin is at the bottom. Most likely it is forming a set of liquidity before continuing to fall.

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NEIRO is strengthening and heading towards the resistance of the range while bitcoin continues its correction.
Strong resistance and liquidity zone at 0.187 is ahead. Strong gains could be stopped by a false breakout and reversal
Just because a coin is at the bottom doesn't mean it has nowhere to fall. Yes, there is.
At the moment the price is in the range on the background of a strong downtrend, within which the price does not show signs of life. The previous buyback ended with a strong sell-off.

Resistance levels: 0.000187, 0.0002045.
Support levels: 0.000169, 0.000154


In the short term, we should expect a false breakout, reversal and price drop to the support of the range.
I do not rule out a prolonged struggle in the resistance zone, within which the price may go higher and test the 0.00020 liquidity zone before continuing to fall, within which it may renew the bottom.

Regards R. Linda!

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