The price of Neiro (NEIRO) has shown signs of resilience in recent weeks, climbing above key technical levels and drawing interest from traders.
However, fresh news from Bybit has tempered the optimism, with the exchange confirming that it will discontinue NEIRO as a collateral and lending asset.
The Bybit discontinuation casts doubt on the token’s ability to sustain its current recovery momentum, despite bullish indicators pointing to a potential upward trend.
NEIRO price analysis
NEIRO has risen by 4.63% over the past 24 hours, trading at around $0.0003787.
This daily gain outpaces its broader seven-day performance of 15.31% and contrasts with a negative 30-day return of 9.04%.
Technical analysis highlights encouraging signals, with the token breaking above its 200-day simple moving average and holding firm above the 7-day average of $0.0003523.
The 30-day average of $0.0003684 remains a crucial support level that it must maintain if there are any hopes of sustaining its bullish momentum.
According to the market analysis by reputable analysts, breaking above $0.000411 could see NEIRO’s price rise towards the next resistance level at $0.000487.
The bullish momentum is currently being supported by a bullish MACD crossover, which turned positive for the first time since early September.
The Relative Strength Index (RSI) also sits at 52.81, a neutral reading that suggests there is room for further upside without immediate overbought risk.
These signals can be interpreted as signs that short-term buyers may be preparing for a breakout, particularly as NEIRO hovers above key moving averages.
Exchange listings drive liquidity, but risks linger
Liquidity support has also played a role in NEIRO’s recent climb.
Binance Japan introduced NEIRO/JPY spot trading in June 2025, broadening access for retail investors and boosting visibility.
Daily trading volumes currently stand at around $49 million, though this figure remains nearly two-thirds below the levels seen in July.
Notably, the combination of improved access but thinner order books has left NEIRO vulnerable to sudden swings whenever buying or selling pressure intensifies.
Beyond liquidity, investor concentration remains a delicate issue. LD Capital reportedly controls over 64% of NEIRO’s supply, a fact that has reduced sell pressure in the short term but also heightened concerns about centralisation.
While the fund has pledged a buy-and-hold strategy, the heavy reliance on a single holder creates uncertainty for the wider market, particularly if future redistribution of tokens becomes necessary.
Bybit’s move dampens optimism
On September 9, Bybit reaffirmed its earlier announcement that it will suspend borrowing and lending services for NEIRO, before removing the token as collateral on September 12.
By September 13, NEIRO will also be removed from Bybit Savings, with user holdings automatically credited back to accounts.
The exchange has advised traders to settle liabilities early and adjust their positions to avoid forced repayments or potential liquidations.
This decision undermines one of NEIRO’s key utilities within the margin trading ecosystem. Without the ability to use the token as collateral, traders may shift away from NEIRO toward assets with broader support.
The risk of volatility also rises as leveraged positions unwind in response to the policy change.
NEIRO price outlook uncertain
Despite the setback from Bybit, NEIRO retains some grounds for optimism. The token’s ability to stay above $0.000370 in the coming days will be closely watched as a marker of strength.
Price targets around $0.000411 to $0.0008 remain possible if technical momentum continues and the broader altcoin market sustains its upward trend.
However, the balance of risks is clear. Reduced utility on major exchanges, combined with concentration in a single large holder and lower trading volumes compared with past peaks, highlight the challenges facing NEIRO.
Traders will need to weigh bullish technical indicators against structural weaknesses as the market digests Bybit’s announcement.
