🔥 NEOUSDT | Short-Term Market Update 📊

$NEO has experienced a sharp sell-off earlier and is now moving into a base-building / sideways consolidation phase. Price is stabilizing near support, suggesting preparation for the next directional move 👀

NEOUSDT

Perp

3.745

+0.24%

NEO

3.76

+0.58%

📌 Bullish Scenario (Buy Setup)

✅ Entry Zone:
3.75 – 3.78
(Break and hold above the current consolidation resistance)

🛑 Stop Loss (SL):
❌ 3.65
(Below the recent range low)

🎯 Take Profit (TP):
🥇 TP1: 3.88
🥈 TP2: 4.05
🥉 TP3: 4.25

➡️ Sustained breakout with volume can trigger a fast upside move 🚀

📉 Bearish Scenario (Sell Setup)

If price gives a strong close below 3.65:

📌 Sell Targets:
👉 3.55 – 3.40 zone

This would indicate continuation of the bearish trend.

🧠 Market Insight

• Short-term trend: Neutral → Slightly Bullish
• Price is consolidating after a strong dump
• Volume expansion = breakout confirmation
• Avoid over-leverage during range trading