$NEO is showing a powerful bullish move, breaking out from its recent base. The price has climbed to $7.428, with a strong candle showing clear momentum.
This upward push is backed by an increase in volume and the price moving above key moving averages, signaling a potential trend reversal.
The bulls have taken control and are aiming for higher price levels. The current structure is a classic bottom breakout, which, if it holds, could lead to a significant rally.
Next Trade Setup
* Entry Zone: $7.35 ā $7.45
* Target 1: $7.55
* Target 2: $7.70
* Target 3: $7.90 (final target)
* Stop Loss: Below $7.20
As long as NEO holds above the $7.20 support, the bullish momentum is expected to continue. This is an excellent opportunity to enter a position with a favorable risk-to-reward ratio.
