$NEO /USDT – Short Setup at Key Resistance Zone! 🚨
Current Price: $5.39 (-0.74%)
$NEO has rallied strong but is now stalling under resistance after tagging $5.60. Consolidation signals a potential reversal.
Key Levels
• Resistance: $5.50 – $5.60
• Support: $5.25 / $5.10
Short Setup
• Entry Zone: $5.38 – $5.45
• Targets:
• TP1: $5.25
• TP2: $5.10
• TP3: $4.95
• Stop Loss: $5.63
Market Insight
After a vertical push, momentum is fading. Wicks near the top suggest rejection and profit-taking.
Pro Tip
Wait for a breakdown below $5.35 for confirmation. A volume spike on red candles would validate bearish pressure.
Watch closely — $NEO could unwind fast from this zone!
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