$NEO has recently experienced a price surge of 4.487%, hitting a high of 6.7 and finding support at 5.55. With an RSI of 62.93, the cryptocurrency is nearing overbought territory, signaling potential caution among traders. Market sentiment remains undefined, indicating mixed reactions to recent movements. As NEO approaches resistance at 6.7, a breakout could open the path toward higher valuations. Conversely, failure to breach this level may trigger a pullback toward support, making it critical for traders to stay vigilant of market developments.
