$NEO

analysis:

The price has broken through the resistance area and is now retesting it. We need to see if it holds as support. A break below this support would be bearish and could lead to new lows. You may consider opening a long position but make sure to set a tight stop loss just below the support area.

Support Area: $6.40-$6.80

NEO, often dubbed the "Ethereum of China," is gaining renewed attention as smart contract platforms surge in relevance. Backed by its dual-token model—NEO and GAS—it offers a scalable and developer-friendly ecosystem for decentralized applications. Recently, NEO has shown signs of strength, holding above key support around $13.50 while testing resistance near $15. With Chinese regulatory sentiment gradually softening and Web3 initiatives expanding in Asia, NEO is well-positioned for a resurgence. If bullish momentum continues across the altcoin market, a break above $15.50 could open doors to a swift rally. Investors are watching closely for increased network activity and partnerships.