💰 So, here you have the daily chart of NEO/USDT. Right now, the price has retraced and is trading around $5.72. You can see the main support and resistance zones highlighted with gray bars. There was a good correction from the upper resistance zone (around $8), and now we are approaching the lower support around $5.
Honestly, I think this lower zone could attract buyers again—it looks solid, reminding us of how the price reacted there before. If we don't break below, I expect a bounce towards the mid-range (around 6 and a bit), and in a bullish scenario, we might even test that upper resistance again. 🚀