I just took a glance at the market data for NEIRO, and this short positions signal is a bit fierce, brothers!

The RSI on the 4-hour chart has dropped to 21, indicating a severe level of overselling. A MACD death cross has appeared, and the moving averages are also under continuous short positions pressure. The 1-hour line has similarly confirmed a death cross, with shorts firmly pushing the price down. Even more brutal is the fact that the 4-hour close just fell another 4.12%, indicating that the downward momentum has not stopped at all.

Looking at the market data again: the order depth buy-sell ratio is 1.58. On the surface, the buying is decent, but the large holders' positions are clearly leaning towards short positions, with active buying and selling basically balanced. The funding rate is 0.005%, indicating that the bulls are still struggling to hold on, but once they can't hold on any longer, the short positions are likely to accelerate the sell-off.

My personal opinion is that it is worth considering short positions on NEIRO, with a target profit control within 3%.

Entry range suggestion: 0.000144 - 0.000146
Take profit range reference: 0.000139 - 0.000142

The market changes quickly, remember to set your stop-loss and don’t take on too heavy a position. In this kind of one-sided market, the worst thing is chasing highs and lows; taking profits when you see them is the way to go.