$NEO
NEO/USDT – 1H Chart Analysis 📊

NEO is showing a strong bullish recovery after bouncing from the 1.643–1.653 support zone.

• Current Price: 1.686
• MA7: 1.668
• MA25: 1.676
• MA99: 1.677

The price is now trading above MA25 and MA99, which shows short-term bullish momentum.

⚠️ Important Resistance: 1.689–1.699
Price is currently approaching this resistance, so I would wait for candle confirmation instead of entering blindly.

Bullish Setup:
If a 1H candle closes clearly above 1.699 and the level holds as support, a Long setup may become stronger.

Bearish Setup:
If price gets rejected around 1.689–1.699 with a strong bearish candle, a Short setup could be considered after confirmation.

Key Rule: Wait for confirmation before entering. Always use proper risk management and a Stop Loss.

This is chart analysis, not financial advice.