$NEO / USDT (1H) – Technical Analysis📌📌

Trend:

Short-term uptrend intact (ascending trendline holding).

Price respecting higher lows → bullish structure.

Price Action:

Recent spike near $3.00 shows strong buying interest but likely a liquidity grab / rejection wick.

Currently consolidating above trendline → still constructive.

Key Levels:

Support: $2.72–$2.75 (trendline zone)

Stronger support: $2.65

Resistance: $2.90–$3.00 (recent wick high)

RSI (14):

Around 69 → near overbought

Momentum bullish but could see short-term pullback or sideways cooling

Break trendline = short-term correction 📉

$NEO

NEO
NEOUSDT
2.914
+3.11%

$BTC

BTC
BTCUSDT
74,253.7
0.00%

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