$NEO /USDT – BULLISH BREAKOUT IMMINENT 🚀📈

📊 TECHNICAL ANALYSIS (4H CHART)

$NEO /USDT is showing signs of a bullish reversal as it consolidates just below resistance, with price currently at $5.60 (+1.27%). Momentum is picking up and volume is rising, signaling potential breakout above key levels.

🔑 KEY LEVELS:

Resistance: $5.66 (24H high), followed by $5.80 and $5.90

Support: $5.50, $5.44 (24H low), and $5.32 (major pivot)

📌 Price is currently holding firm above the $5.50 support and forming a higher low structure – a classic sign of accumulation.

🟢 TRADE SETUP – LONG ENTRY:

Entry: $5.60–$5.62

Take Profit (TP):

🎯 TP1: $5.80

🎯 TP2: $5.90

🎯 TP3: $6.10 (extended target on breakout)

Stop Loss (SL): $5.44 (below recent swing low)

🧠 RISK MANAGEMENT:

Risk only 1–2% of your capital per trade. Maintain R:R ratio of at least 2:1. Wait for confirmation candle before entering. Use trailing SL after TP1 is hit to protect gains.

⚠️ Always trade with discipline. Plan the trade, trade the plan. 📉📈💼

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