Image of NERO
NERONERO Chain
$0.001233
-0.47%
1D

NERO Chain Analysis

Investment Score
A quick view into NERO Chain's investment prospects.
4.0

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • NERO is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
NERO is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 34.52, which is neither overbought nor oversold.
Volatility
Quiet
NERO ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001275 - $0.001292
Active zone
$0.001226 - $0.001243
Support zone
$0.001213 - $0.001237
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

NERO Chain support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001213 - $0.001237
Resistance zone
$0.001275 - $0.001292
Active zone
$0.001226 - $0.001243
Levels Table
LevelZoneStrength
Support 1$0.001213 - $0.001237
Resistance 1$0.001275 - $0.001292
Resistance 2$0.001292 - $0.001310
Resistance 3$0.001312 - $0.001329
Resistance 4$0.001339 - $0.001358
Active 1$0.001226 - $0.001243
Scenario Analysis
Bullish scenario

NERO clears the resistance zone at $0.001275 - $0.001292 and holds above it. That would strengthen the breakout case and shift attention to $0.001292 - $0.001310.

Bearish scenario

NERO loses the support zone at $0.001213 - $0.001237. That would weaken the setup and open the way toward $0.001213 - $0.001237.

Neutral scenario

NERO continues trading between $0.001237 and $0.001275. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.001304
Bearish
NERO is trading below the 50-day average.
SMA200
$0.002498
Bearish
NERO remains below the long-term trend line.
EMA50
$0.001340
Bearish
NERO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.002189
Bearish
NERO is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
34.52
Neutral
RSI (14) is at 34.52, which keeps momentum in a balanced range.
Stoch RSI (14)
23.03
Neutral
Stoch RSI (14) is at 23.03, which suggests momentum is active but not yet extreme.
MACD
-0.00002207
Bearish
MACD is below its signal line.
ATR
1.36%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001266
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-82.33
Neutral
CCI (20) is at -82.33, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.00005291
Bearish
Awesome Oscillator is below zero at $-0.00005291, which supports bearish momentum.
Williams Percent Range (14)
-93.60
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -93.60.
Bull Bear Power (13)
$-0.00001576
Bearish
Bull Bear Power (13) is negative at $-0.00001576, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
31.09
Neutral
Ultimate Oscillator is at 31.09, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001237
Bullish
NERO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001282
Bearish
NERO is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to NERO Chain

Over the past 7 days, NERO Chain price was most positively correlated with the price of TRON (TRX), Sun Token (SUN), Jito (JTO), Official Trump (TRUMP) and Bittensor (TAO) and most negatively correlated with the price of Uniswap (UNI), Trust Wallet Token (TWT), Curve DAO Token (CRV), Arbitrum (ARB) and Pyth Network (PYTH).

Positively Correlated Currencies
NameCorrelation
Image of TRONTRON0.866
Image of Sun TokenSun Token0.864
Image of JitoJito0.831
Image of Official TrumpOfficial Trump0.812
Image of BittensorBittensor0.798
Negatively Correlated Currencies
NameCorrelation
Image of UniswapUniswap-0.916
Image of Trust Wallet TokenTrust Wallet Token-0.889
Image of Curve DAO TokenCurve DAO Token-0.877
Image of ArbitrumArbitrum-0.874
Image of Pyth NetworkPyth Network-0.815

NERO Chain price is negatively correlated with the top 10 coins by market cap with a price of -0.147, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.042. Currencies that are positively correlated with NERO Chain indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with NERO Chain, a move in one direction for NERO Chain would translate into a move in the opposite direction for the negatively correlated coin.

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