🚨 $NEO BREAKS 1.70 – LOWER HIGHS SET UP SHORT MOMENTUM 📉
Entry: 1.645 - 1.675 ⚡
Target 1: 1.620 🎯
Target 2: 1.585 🎯
Target 3: 1.540 🎯
Stop Loss: 1.710 ⚠️
Sellers are in full control as $NEO loses the 1.70 demand shelf, converting it into overhead supply. 📉 The 4H chart shows a textbook lower-high sequence, with each rally failing to reclaim prior peaks. 🔍 Volume is expanding on the down-moves, confirming institutional distribution rather than noise.
The short zone at 1.645-1.675 offers a low-risk entry with three defined targets that respect the bearish structure. 💡 A break below 1.620 could accelerate the move toward 1.585 and 1.540, where historical liquidity pools sit. 📌 Keep the stop tight above 1.710 to invalidate the thesis. Watch $PEOPLE and $APR for parallel breakdowns.
💬 Do you think sellers will sweep the 1.540 liquidity pool, or will buyers step in before that? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #NEO #ShortSetup #Breakdown #Crypto #Trading
🐻 📉
Entry: 1.645 - 1.675 ⚡
Target 1: 1.620 🎯
Target 2: 1.585 🎯
Target 3: 1.540 🎯
Stop Loss: 1.710 ⚠️
Sellers are in full control as $NEO loses the 1.70 demand shelf, converting it into overhead supply. 📉 The 4H chart shows a textbook lower-high sequence, with each rally failing to reclaim prior peaks. 🔍 Volume is expanding on the down-moves, confirming institutional distribution rather than noise.
The short zone at 1.645-1.675 offers a low-risk entry with three defined targets that respect the bearish structure. 💡 A break below 1.620 could accelerate the move toward 1.585 and 1.540, where historical liquidity pools sit. 📌 Keep the stop tight above 1.710 to invalidate the thesis. Watch $PEOPLE and $APR for parallel breakdowns.
💬 Do you think sellers will sweep the 1.540 liquidity pool, or will buyers step in before that? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #NEO #ShortSetup #Breakdown #Crypto #Trading
🐻 📉