Coin Name : #NEOUSDT
Signal Type : Long
As we can see the price of $NEO is moving within a well defined ascending channel indicating an upper trend market. the price is respecting the support area at the lower. enforcing for the upward movement There's an FVG on the 4h tf . a breakout above the this resistance could signal further bullish momentum towards the FVG level. RSI is rising increasing buying pressure. MACD bullish crossover supporting continued bullish momentum. So according to my trade plan this is a bullish bias and this will lead us upward side.
Markets tend to move towards high-liquidity areas, where large liquidations take place. Institutional players push prices into these zones to absorb orders before making their next strategic move.
Liquidity heatmap
Trade Setup :
Entry - 8.32
Tp 1 - 8.95
Tp 2 - 9.79
SL - 7.80
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