The sleeping $NEO
dragon is stirring. $NEO is breaking free from its chains. After forming a significant bottom, the long-term chart indicates a clear trend reversal, with price holding above the 99 EMA. On the short-term chart, a strong uptrend is shaping a clean bull flag just below the $6.92 resistance.
This is a high-conviction setup where both macro and micro timeframes point toward higher prices.
🔥 Trade Plan:
📥 Entry: Confirmed 1-hour close above $6.92
🛑 Stop Loss: $6.45 to guard against a fakeout
🎯 Targets: First resistance at $7.70, with the main target at the swing high of $8.35
Pressure is building, setting the stage for a potential explosive continuation after this consolidation.