$NEO has risen from 6.16 and reached a daily high of 6.928. The price is currently consolidating around 6.780, with bulls aiming for the resistance level of $7. Holding above 6.60 is crucial to maintain the bullish trend.
Trade setup:
Entry point: 6.70 – 6.80
Targets: 6.92 / 7.00 / 7.20
Stop loss: 6.55
Keep a close watch on the $7 level; a clean break could push the price higher, but manage risk around this key resistance level.
