$NEO
Recent long liquidation printed at $2.883, confirming that leveraged buyers were forced out during a downside sweep. Price rejected from the nearby supply zone and failed to reclaim higher structure, signaling that sellers remain in control while liquidity builds below the current range.
EP: $2.86 – $2.90
TP1: $2.75
TP2: $2.66
TP3: $2.55
SL: $3.03
The short-term trend continues to form lower highs, showing sustained bearish pressure. Momentum remains weak after the liquidation event, with buyers unable to reclaim the $2.90 resistance zone. Liquidity clusters sit below $2.75, making downside continuation the higher-probability path.
NEO
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