Bearish Setup on $NEO /USDT – Short Entry Opportunity
NEO/USDT is showing signs of weakness after failing to sustain above the $6.90–$7.00 resistance zone. The recent price action on the 15m chart highlights consistent lower highs, indicating bearish momentum and potential continuation to the downside if the current support fails.
Entry: 6.55
Target 1: 6.30
Target 2: 6.10
Target 3: 5.85
Stop-Loss: 6.95
Risk Management: Allocate 3–5% of your portfolio to this setup. Move your stop-loss to entry once Target 1 is achieved to secure risk-free profits.
Pro Tip: Keep an eye on BTC’s intraday moves — if BTC weakens further, NEO could accelerate its drop below key supports.