Hereโ€™s a detailed technical analysis and trade outlook for $NEO

/TRY

๐Ÿงพ NEO/TRY Snapshot

๐Ÿ’ฐ Current Price: 242.3

๐Ÿ“ˆ 24h Change: +0.46% (Rs1,688.35)

๐Ÿ”ผ 24h High: 253.2

๐Ÿ”ฝ 24h Low: 237.6

๐Ÿ“Š Volume (NEO): 8,848.20

๐Ÿ“Š Volume (TRY): 2.18M

---

๐Ÿ” Key Price Levels

Type Price (TRY)

๐Ÿ”ผ Resistance 246.8 โ†’ 250.4 โ†’ 253.2 โ†’ 254.1

โš–๏ธ Current Price 242.3

๐Ÿ”ฝ Support 239.5 โ†’ 236.7 โ†’ 235.8

๐Ÿงฑ Strong Support 234.0 (psychological)

---

๐Ÿ“Š Technical Overview

โœ… Price Recovery: Bounced from low of 237.6 and holding above 240 zone

โš ๏ธ Approaching Resistance: 246.8 โ€“ 253.2 is a supply zone, could stall if volume doesnโ€™t rise

๐Ÿ“‰ Low Daily Range: Only ~6.5% difference between low/high, suggesting tight consolidation

๐Ÿ”„ Sideways Action Likely unless a breakout occurs

---

๐Ÿ’ก Trade Scenarios

๐Ÿ”น Breakout Setup

Entry: Above 253.5

Target 1: 262

Target 2: 272

Stop-Loss: Below 246

๐Ÿ’ก Watch for strong 1h candle close with above-average volume.

---

๐Ÿ”ธ Support Bounce Setup

Buy Zone: 236 โ€“ 239

Target: 246

Stop-Loss: Below 234

๐Ÿ’ก Ideal if price retraces into the support cluster and holds.

---

๐Ÿ” Trend Summary

Metric Status

๐ŸŸข Trend Slight Bullish (Short-Term)

โš ๏ธ Momentum Weak โ€“ needs volume for continuation

๐Ÿ“‰ Risk Low unless it breaks below 235.8

๐Ÿ”ฎ Bias Neutral โ†’ Bullish on confirmed breakout

---

โœ… What to Watch Next

๐Ÿ” Volume Spikes on 15m / 1h chart

๐Ÿ“Š RSI or MACD Divergence if available

๐Ÿ“ˆ Break and Hold above 250โ€“253 zone

---

Would you like this added to a technical tracker, or prefer a real-time chart view for deeper insights?

#NEO #NEOUSDT #BinanceHODLerPROVE #BTCUnbound #Write2Earn