$NEO
#NEO #LONG✅
Entry: 1.6800 - 1.7200
Stoploss: 1.5800
Take Profit: 1.9000
Take Profit 2: 2.1000
Steep downtrend has finally broken below the 1.80 level and is now trying to stabilize with a green bounce today (+1.96%). It's a sharp fall from 3.0, so after such an aggressive move down, a relief bounce off these lows is a reasonable short-term setup.
Order book leans short (57%), and the broader trend remains strongly negative (90-day -41%, 1-year -72%), so this is purely a bounce/mean-reversion play at a stretched low, not a trend call — keep the stop tight.
#NEO #LONG✅
Entry: 1.6800 - 1.7200
Stoploss: 1.5800
Take Profit: 1.9000
Take Profit 2: 2.1000
Steep downtrend has finally broken below the 1.80 level and is now trying to stabilize with a green bounce today (+1.96%). It's a sharp fall from 3.0, so after such an aggressive move down, a relief bounce off these lows is a reasonable short-term setup.
Order book leans short (57%), and the broader trend remains strongly negative (90-day -41%, 1-year -72%), so this is purely a bounce/mean-reversion play at a stretched low, not a trend call — keep the stop tight.