Traders, $NEO is currently trading near a technical resistance zone that could influence its next short-term move. After a steady recovery from recent lows, the price is now testing an area where supply may begin to outweigh demand. 📉
The bullish momentum remains intact for now, but resistance levels often act as decision points. If buyers are unable to maintain control above this region, the market could see a retracement toward lower support levels. Monitoring the reaction around resistance may provide a clearer directional signal. 📊
📍 Entry: 2.02 – 2.07
🎯 TP1: 1.96
🎯 TP2: 1.92
🎯 TP3: 1.89
🛑 SL: 2.11
Price behavior at this level will be important in determining whether the trend continues higher or enters a corrective phase.
#NEO #CryptoTrading #Binance
$NEO
The bullish momentum remains intact for now, but resistance levels often act as decision points. If buyers are unable to maintain control above this region, the market could see a retracement toward lower support levels. Monitoring the reaction around resistance may provide a clearer directional signal. 📊
📍 Entry: 2.02 – 2.07
🎯 TP1: 1.96
🎯 TP2: 1.92
🎯 TP3: 1.89
🛑 SL: 2.11
Price behavior at this level will be important in determining whether the trend continues higher or enters a corrective phase.
#NEO #CryptoTrading #Binance
$NEO