【$NEIRO Signal】Short squeeze continues, 1H level bullish follow-up

$NEIRO 1H level RSI skyrocketed to 90.22, 4H level also reached 88.8, indicating a strong overbought signal. But market depth is unbalanced -13.07%, sell orders are sparse, and buy support is clearly intended. The MACD histogram on both 1H and 4H remains expanding, indicating bullish momentum has not exhausted. Negative funding rate of -0.0193% combined with stable open interest suggests continued passive covering pressure on the shorts.

Price directly goes long in the 0.0001002 to 0.00010061 range, with opportunities near the current price.

🛑Set stop-loss below 0.0000994; a break below this level indicates the bullish defense line has failed.

🚀First target is 0.0001018, the initial test point after breaking through short-term resistance.

🚀Second target is 0.0001026, close to the previous high area, and take profits in batches when reached.

🛡️Trading management:
- Execution strategy: After hitting the first target, halve the position, and move the remaining stop-loss up to the entry price. If the price cannot hold above the entry zone and falls back, exit immediately and observe.

Such extreme overbought conditions are normal in a short squeeze market, and inverted funding rates indicate shorts are still struggling to support. The upper Bollinger Band on 1H is being continuously pushed higher, and volume is increasing during the rally, which is not just a simple pump and dump. The key is to have a firm stop-loss; once a correction begins at this level, it can be very fast. Stable open interest suggests this is not retail FOMO but sustained institutional support.

Check real-time market 👇 $NEIRO
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