$NEO /USDT - SHORT
TRADE SETUP & ANALYSIS
Key Levels:
- Sell Range: 2.179 - 2.192
- Risk Limit (SL): 2.266
- Target 1: 2.156
- Target 2: 1.983
- Target 3: 1.743
Chart Breakdown:
- Trend Status: On the 2h timeframe, NEO (+0.09%) is experiencing immediate short-term weakness, slipping below dynamic resistance lines MA7 (2.192) and MA25 (2.187), while remaining above the long-term MA99 baseline (1.983).
- Structure: Price action stalled following a retest of upper resistance near 2.280 and printed a lower-high pattern, breaking back down through immediate moving average support.
- Execution Strategy: Opening a short position in the 2.179 to 2.192 range leverages resistance from the newly lost moving averages. Setting the Stop Loss at the 24h High (2.266) controls risk, targeting the 24h Low (2.156), baseline dynamic support near MA99 (1.983), and major swing support at 1.743.#ZECBreaksKeyResistanceUp75.5% #OilHoldsLosses #ThailandToExpandSECDigitalAssetProbePowers #SamsungSKHynixLeveragedETFsPostFirstMonthlyOutflow #ThailandToExpandSECDigitalAssetProbePowers $BNB
$NEO
TRADE SETUP & ANALYSIS
Key Levels:
- Sell Range: 2.179 - 2.192
- Risk Limit (SL): 2.266
- Target 1: 2.156
- Target 2: 1.983
- Target 3: 1.743
Chart Breakdown:
- Trend Status: On the 2h timeframe, NEO (+0.09%) is experiencing immediate short-term weakness, slipping below dynamic resistance lines MA7 (2.192) and MA25 (2.187), while remaining above the long-term MA99 baseline (1.983).
- Structure: Price action stalled following a retest of upper resistance near 2.280 and printed a lower-high pattern, breaking back down through immediate moving average support.
- Execution Strategy: Opening a short position in the 2.179 to 2.192 range leverages resistance from the newly lost moving averages. Setting the Stop Loss at the 24h High (2.266) controls risk, targeting the 24h Low (2.156), baseline dynamic support near MA99 (1.983), and major swing support at 1.743.#ZECBreaksKeyResistanceUp75.5% #OilHoldsLosses #ThailandToExpandSECDigitalAssetProbePowers #SamsungSKHynixLeveragedETFsPostFirstMonthlyOutflow #ThailandToExpandSECDigitalAssetProbePowers $BNB
$NEO