$NEO /USDT BULLISH RECOVERY — BUYERS TESTING CONTROL 🚀
$NEO is showing signs of a cautious bullish recovery after bouncing from the 2.547 support zone, currently holding near 2.697. Price is above MA7 but slightly below MA25/MA99, indicating early-stage upside momentum. MACD is slowly turning positive, suggesting buyers are stepping in, but overhead resistance near 2.75–2.80 remains key for continuation.
📊 Trade Setup
Entry Zone:
2.65 – 2.70 (buy dips or consolidation)
Take Profits:
🎯 TP1: 2.75
🎯 TP2: 2.84
🎯 TP3: 2.92
Stop Loss:
❌ 2.54 (below recent support & MA7)
📈 Market Outlook
Momentum is cautiously bullish with price attempting to reclaim higher MA levels. Structure shows higher lows forming, signaling a potential shift toward an uptrend if 2.75–2.80 resistance breaks. MACD expansion supports gradual buying pressure. Immediate support lies at 2.62–2.65 — holding this keeps the bullish setup valid for a push toward 2.84–2.92.
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