Neiro (NEIROUSDT) settled lower in its latest intraday trading, under the dominance of the main downtrend with movements along a short-term descending line supporting this path. The negative pressure persists as the price continues to trade below the 50-day SMA, reinforced further by the emergence of a bearish crossover in the RSI, after the token had earlier managed to relieve some of its oversold conditions.
Therefore, we expect the token to decline in upcoming sessions, as long as it remains below the resistance level of 0.00031001, targeting the support level at 0.00024514.
