#NEO
NEO is currently trading at around 7.46 USD with an upward trend. The technical situation shows solid support at 7.00 USD, which was recently confirmed. The resistance is considered to be the zone around 7.85 USD, which is being challenged temporarily. The RSI is around 72 in the overbought zone, which may lead to a slight correction in the short term. EMA indicators signal an overall bullish trend.
Buy recommendation with zones:
• Buy zone: 7.00–7.20 USD (strong support)
• Partial profit zone: 7.85–8.00 USD (short-term resistance)
• Set stop-loss below 6.90 USD to limit losses
• Watch for correction patterns with RSI above 70 and confirmed breakout above 8.00 USD for continuation upward
This analysis is ideally suited for disciplined trading with clear risk management and utilization of current technical signals for NEO👇🏽$NEO