$NEO / USDT ā Strong Upside Rally & Key Resistance Test! šš„
$NEO has delivered a solid bullish move, currently trading at $7.761 on Binance, up +8.76% in the last 24H. The coin reached a high of $8.478 before facing resistance, with a pullback now stabilizing near the $7.7 zone.
š Market Snapshot:
24H Range: $6.880 ā $8.478
24H Volume: 4.96M NEO / 38.13M USDT
Trend: Strong bullish continuation on 4H timeframe.
š Key Levels to Watch:
Support Zone: $7.40 ā $7.50 ā Needs to hold for bulls to maintain control.
Immediate Resistance: $8.00 ā $8.50 ā A breakout above this zone may push price toward $9.20 ā $10.00.
Downside Risk: If $7.40 breaks, price may retest $7.00 ā $6.90 range.
ā” Trading Outlook:
NEO is forming a strong bullish structure with higher highs and higher lows. The recent wick above $8.40 shows strong buying momentum, but profit-taking is in play. If buyers step in again near $7.50, another breakout attempt toward $9+ could follow.
