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🧭 1. Overview of the asset
Current price: ≈ USD 2.88, with slight daily uptick.
Market capitalization: ~USD 186 M, circulating supply ~65 M tokens.
24h volume: USD 5–7 M (recent fluctuations).
All-time high: USD ≈ 97.5 in January 2018; drop ~97% since then.
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2. Fundamental analysis
Real utility: GAS funds transactions, smart contracts, and dApps on the NEO network, generating demand if the blockchain grows.
Limited supply: approaching ~65 M circulating of the 100 M total; implies scarcity.
NEO ecosystem: movements of NEO directly influence GAS; watch for dApp launches and network development.
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3. Technical analysis (spot)
Indicators on daily timeframe show mixed signals; technical summary: 'Daily neutral', but intraday/tactical 'Strong Buy'.
Key support: USD 2.7–2.8 (recent lows).
Resistance: USD 3.0–3.2, important psychological zone; a breakout would indicate greater momentum.
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4. On-chain indicators and market flow
New active addresses and activation of dormant wallets are potential signals of adoption or accumulation.
Inflows/outflows to exchanges: increase in deposits suggests selling, withdrawals suggest accumulation.
Whale activity: large movements may precede breakouts or sharp falls.
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5. Entry and exit strategy
1. Support monitor: consider partial entry at USD 2.75–2.80.
2. Stops and targets:
Stop-loss: just below support, e.g. USD 2.65.
Staggered take profits: later at USD 3.00–3.10 + higher target at USD 3.50 if there is strong momentum.
3. Position size management: risk only a small % of capital (1–2%) for each trade.
4. Staggered plan: add position if confirms breakout with volume (e.g. daily handle +10%, volume increase +50%).
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6. Risk management
Use automatic orders (stop-loss).
Do not overexpose in a single asset; diversify.
Adjust exposure according to volatility and general market conditions.
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7. Continuous tracking
Tools: TradingView for technical analysis, Dune/Nansen/Glassnode for on-chain.
Alerts: set them for whale movements, flows to exchanges, breakouts of key zones.
News and developments: new dApps on NEO, integrations, listings on exchanges. ChatGPT can help you summarize and structure digital findings.
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📅 8. Weekly action agenda
Day Action
Monday Review price vs support/resistance, adjust SL/TP. <br> Analyze on-chain metrics: active addresses, flows.
Wednesday Check volume on exchanges; signs of accumulation/selling.
Friday Evaluate weekly close vs technical levels; decide to add or cut positions.
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9. Final summary
Maintain discipline with your plan: buy near support, use technical levels to manage stops and targets, monitor on-chain and fundamental data, and adapt positions according to market pace.
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