Image of NERO
NERONERO Chain
$0.0006665
-2.22%
1D

NERO Chain Analysis

Investment Score
A quick view into NERO Chain's investment prospects.
3.8

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

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
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: 86%
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
Oversold
RSI is 4.11, which points to stretched downside momentum.
Volatility
Quiet
NERO ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001223 - $0.001247
Support zone
$0.0006510 - $0.0006814
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
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
$0.0006510 - $0.0006814
Resistance zone
$0.001223 - $0.001247
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0006510 - $0.0006814
Resistance 1$0.001223 - $0.001247
Resistance 2$0.001271 - $0.001332
Resistance 3$0.001336 - $0.001361
Resistance 4$0.001556 - $0.001579
Scenario Analysis
Bullish scenario

NERO clears the resistance zone at $0.001223 - $0.001247 and holds above it. That would strengthen the breakout case and shift attention to $0.001271 - $0.001332.

Bearish scenario

NERO loses the support zone at $0.0006510 - $0.0006814. That would weaken the setup and open the way toward $0.0006510 - $0.0006814.

Neutral scenario

NERO continues trading between $0.0006814 and $0.001223. 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
$0.001105
Bearish
NERO is trading below the 50-day average.
SMA200
$0.002199
Bearish
NERO remains below the long-term trend line.
EMA50
$0.001051
Bearish
NERO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.001935
Bearish
NERO is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
4.11
Oversold
RSI (14) is depressed at 4.11, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.0001188
Bearish
MACD is below its signal line.
ATR
3.44%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0008427
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-146.89
Bearish
CCI (20) is weak at -146.89, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.0002820
Bearish
Awesome Oscillator is below zero at $-0.0002820, which supports bearish momentum.
Williams Percent Range (14)
-99.71
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -99.71.
Bull Bear Power (13)
$-0.0001044
Bearish
Bull Bear Power (13) is negative at $-0.0001044, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
10.57
Oversold
Ultimate Oscillator is weak at 10.57, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0006797
Bullish
NERO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0009689
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 Aster (ASTER), World Liberty Financial (WLFI), JUST (JST), Pendle (PENDLE) and Gnosis (GNO) and most negatively correlated with the price of Pudgy Penguins (PENGU), Bitcoin SV (BSV), The Graph (GRT), BitTorrent (BTT) and Quant (QNT).

Positively Correlated Currencies
NameCorrelation
Image of AsterAster0.798
Image of World Liberty FinancialWorld Liberty Financial0.662
Image of JUSTJUST0.658
Image of PendlePendle0.496
Image of GnosisGnosis0.348
Negatively Correlated Currencies
NameCorrelation
Image of Pudgy PenguinsPudgy Penguins-0.945
Image of Bitcoin SVBitcoin SV-0.940
Image of The GraphThe Graph-0.937
Image of BitTorrentBitTorrent-0.925
Image of QuantQuant-0.925

NERO Chain price is negatively correlated with the top 10 coins by market cap with a price of -0.527, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.593. 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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