$NEO is currently reacting off a critical support pocket where the recent downside momentum appears to be losing its grip.
The recent drop is showing clear signs of deceleration. Instead of extending lower into a breakdown, price is beginning to stabilizeโa high-probability signal that the selling pressure has faded. Demand is starting to step in around this specific zone, suggesting that the bulls are ready to reclaim control.
If buyers can successfully hold this level, we expect a bounce that could quickly build into a stronger upside move toward our targets.
My Trading Plan for $NEO :
๐ข Entry Zone: 2.87 โ 2.99
๐ด Stop Loss: 2.70 (Protect your capital!)
Take Profit Targets:
๐ฏ TP 1: 3.12
๐ฏ TP 2: 3.32
๐ฏ TP 3: 3.52
Structure is everything right now. Let's watch for a clean break above 3.00 for confirmation of the move! ๐
Trade $NEO here ๐
#NEO #longsignal #TechnicalAnalysis #BinanceSquare #writetoearn
