🚀 $NEO is regaining bullish momentum after a strong rebound! 🔥
🔹 Current Price: $6.38
🔹 Change: +4.42%
🔹 24h High: $6.58
🔹 24h Low: $5.83
🔹 24h Volume: 1.38M NEO
📊 Technicals:
✅ EMA(7) = 6.22 > EMA(25) = 6.28 ≈ EMA(99) = 6.41 → price trading between EMAs, possible bullish breakout ahead
✅ Clear rebound from strong support zone $5.80 – $6.00
✅ RSI(6) = 55.1, RSI(12) = 52, RSI(24) = 51 → momentum is neutral but leaning bullish
✅ Trading volume picking up with the upward move
🎯 Targets (TP):
- TP1: $6.70 ➜ nearby resistance
- TP2: $7.10 ➜ +11%
- TP3: $7.90 ➜ retest of previous high
🛡️ Stop-loss: Below $5.80 (key support zone)
💡 Note:
A breakout above $6.70 with strong volume could open the way towards $7.90 again.
👉 Question: Do you think $NEO will retest $8 soon, or does it need more accumulation first? 🤔