🚨 $NEO /USDT BEARISH SETUP 🔻 | PRICE LOSING MOMENTUM!

NEO is currently trading at $4.70 (-1.82%), showing weakness after multiple rejections near the $5.10 resistance zone. The structure indicates potential downside pressure if bulls fail to hold key support levels.

📊 Key Levels:

Resistance 1: $4.86

Resistance 2: $5.10

Support 1: $4.60

Support 2: $4.45

⚙️ Technical Outlook:

After a lower high formation near $5.10, the price is consolidating below the 20EMA on 4H charts — signaling bearish continuation if $4.60 breaks decisively.

🎯 Trade Setup (SHORT):

Entry: $4.70 – $4.75

Target 1: $4.60

Target 2: $4.45

Stop Loss: $4.88

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