$NEO USDT
#Market is trading around 2.60 to 2.85 zone showing weak recovery inside a long term downtrend with mixed momentum and low confidence
#Price holding above key support zone 2.50 to 2.60 showing buyers defending major accumulation level
#Overall structure remains bearish to neutral as lower highs still dominate the chart and trend has not fully reversed
Short term momentum is neutral with #RSI around mid zone indicating no strong direction yet �
CoinCodex
Major resistance near 2.80 to 2.95 zone where repeated rejections and selling pressure are expected �
CoinCodex
If price breaks above 2.95 then bullish continuation can push toward 3.20 to 3.50 range
If price loses 2.50 support then downside risk toward 2.30 and 2.10 becomes active
Entry zone 2.55 to 2.75
Take Profit 2.95
Take Profit 3.20
Take Profit 3.50
Stop Loss 2.40
Market insight
NEO is still in recovery phase after extended bearish cycle and price action is mainly reacting to broader market sentiment rather than strong ecosystem driven momentum �
CoinMarketCap
Until a clean breakout above resistance zone the market is likely to stay range bound with slow movement and occasional volatility spikes
