From the 1-day K-line and short-term data of the NEO/USDT perpetual contract, it is highly likely that the weak oscillation downward will continue in the next 12 hours. The current price is $3.938, having broken below the 7-day, 25-day, and 99-day moving averages, which are in a bearish arrangement, indicating a clear bearish trend; the lowest price in the last 24 hours is $3.859, which is the short-term support. If it breaks below or tests around $3.756. The trading volume continues to shrink, indicating a lack of buying power, and selling pressure remains. Within 12 hours, the price may oscillate within the narrow range of $3.859-$4.0. If it fails to stabilize above $4.0, it is highly likely to test the $3.756 support level; if it stabilizes, a slight rebound may occur, but there is significant pressure above at $4.227, limiting the rebound space, making it difficult to change the overall bearish pattern.
Do you need me to help you organize a list of key support and resistance levels for short-term operations on NEO? $NEO
Do you need me to help you organize a list of key support and resistance levels for short-term operations on NEO? $NEO