$NEO NEO Today's Market Analysis:
The 1-hour level clearly shows that the bulls have the advantage, while the 2/4-hour levels are clearly dominated by the bears.
Today's key price level to watch is around 5.025. If the market falls below this price, the 4-hour level will continue to maintain a bearish trend.
The initial downward target is to focus on the price level around 4.427.
If the market rebounds, the upper targets are sequentially around 5.507, 5.907, and 6.467. If the rebound fails to break through any of the above prices, the market is expected to continue to decline.
It is recommended that short-term traders closely monitor the market dynamics and operate flexibly.
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