🔹 $NEO Technical Signal Breakdown – Futures & Spot Trading | Jul 29, 2025

NEO is trading at approximately $6.70 USDT on Binance spot, down ~2.8% in the past 24 hours. The price dropped below support near $6.70, fell toward $6.30, then bounced weakly into the resistance zone at $6.70–$6.75.

✅ Bias: Short (Sell Signal) in Futures Trading and Cautious Spot Buy (for educational analysis only)

Futures: Price remains beneath key moving averages. RSI is below neutral, MACD bearish, and recent candles show resistance rejection. Volume spiked on the breakdown with limited follow-through.

Spot: Bounce from $6.30 suggests dip‑buy interest, but resistance near ~$6.70 persists.

🟢 Futures Short Entry: $6.70–$6.75 → Max Target: $6.40

🟢 Spot Buy Entry: $6.30–$6.40 → Max Target: $6.80

Break below $6.40 in futures could accelerate move toward $6.20. Spot traders should wait for breakout above $6.75–$6.80, which may open upside toward $6.80. Current structure favors futures short bias with limited spot buying for dip‑trade scenarios.

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Disclaimer: This analysis is educational and does not constitute financial advice. Always conduct your own research and manage risk responsibly.