$NEO Price remains volatile with modest recovery attempts after extended sideways trading below former key levels. Short‑term technicals show resistance near recent highs (~$5.80–6.00) and structural support at lower bands, signaling consolidation risks. Breakouts above resistance can fuel momentum, but downside remains if support fails. Short‑term outlook leans cautious with possible corrections before decisive trends. Longer‑term forecasts vary widely (bullish multi‑year targets vs cautious range scenarios). 

Trade Setup

Entry: Consider entry if NEO breaks and closes above $6.00 with volume, confirming bullish momentum.

Profit Targets:

• Target 1: $7.50 (+20–25% upside)

• Target 2: $9.00–$10.00 (+40–+60%)

Stop‑Loss: Place at below key support (~$5.50) to limit losses if breakdown occurs.

Profit Margin & Risk: Risk ~5–8% to first target. Move stop to breakeven after hitting Target 1 and scale out partial positions. Always adjust based on your risk tolerance and position sizing.

NEO
NEO
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