NEIRO (First Neiro on Ethereum) is Drawing Renewed Attention

NEIRO (First Neiro on Ethereum) is drawing renewed attention from traders in June 2025, as its price chart forms a classic bullish

NEIRO, the First Neiro token on Ethereum, is drawing attention from traders in June 2025 as its price chart forms a classic bullish reversal pattern that could signal an end to its recent volatility.

After showing signs of a short-term recovery, the low-cap token is now at a potential inflection point. The price of NEIRO is currently at $0.0005094, showing a 2.82% increase in the past 24 hours. While still far from its early-year peak of $0.0015, this low-cap token is displaying behavior that may suggest a possible reversal or at least a phase of consolidation.

As the cryptocurrency market continues to recover, traders are keeping an eye on various altcoins that might offer promising trading opportunities. In this context, NEIRO (NEIRO) is drawing attention as its price chart forms a classic bullish reversal pattern that could signal an end to its recent volatility.

This analysis will delve into the technical aspects of NEIRO’s price movements, focusing on key price zones, trading volume, and technical indicators to provide insights into the potential for further price increases.

After showing signs of a short-term recovery, the low-cap token is now at a potential inflection point. The current trading level hovers around $0.0004925, marking a 2.82% gain in the past 24 hours.

While still far from its early-year peak of $0.0015, this low-cap token is displaying behavior that may suggest a possible reversal or at least a phase of consolidation.

Structure And Key Price Zones

The intraday price movements of NEIRO reflect high volatility. The price has varied between $0.0004925 and $0.0005300. These levels define the current trading boundaries.

Importantly, $0.0004925 serves as a base support. It has held firm through multiple dips and is now a key reference point for downside risk. The $0.0005000 level acts as a psychological threshold and has served as a consistent pivot over several sessions.

On the resistance side, the price has encountered resistance at $0.0005200 and $0.0005300. Despite brief breakouts, NEIRO has failed to sustain gains above these levels. A successful push past $0.0005300 could shift short-term sentiment decisively toward bullish.

Conversely, a sustained drop below $0.0005000 might prompt a test of the lower $0.0004925 level or even deeper.

Volume, Technicals, And Trader Behavior

The 24-hour trading volume for NEIRO is $184.4 million, showing a 27.11% increase. This high level of activity signifies active trading interest in the token.

With a Volume/Market Cap ratio of 85.81%, speculative interest appears to be running high. This suggests many traders are entering and exiting positions quickly, likely chasing short-term gains.

Technically, the MACD is showing early bullish momentum. The MACD line has just crossed above the signal line. However, the histogram’s flatness indicates weak trend strength.

The RSI is at 55.64, which suggests mild bullishness, but there’s no sign of overheating. The recent recovery from oversold RSI levels adds weight to the argument that NEIRO may be entering a consolidation phase.

Further insight comes from market liquidations. Both long and short liquidations spiked on June 11, amounting to over $200K, primarily on Binance. This extreme activity during a single session denotes heightened volatility and tighter price battles.

With the current price significantly below past highs and above long-term lows, NEIRO appears to be at a possible inflection point in the market.

If the trading volume continues to increase and NEIRO manages to break above the $0.0005300 resistance level, then the short-term price trend is likely to shift upwards.

However, traders should exercise caution as a decrease in price below the $0.0005000 support level could quickly lead to fresh selling pressure. The future path of NEIRO will depend on whether it can hold the support and break the critical resistance in the coming days.