💎 Paradisers, the #NEOUSDT is currently displaying notable strength, hinting at a potential bullish reversal from its demand level at $14.79. If the price sustains its momentum at this level, there is a significant likelihood of a bullish upswing that could surpass the nearby supply.
💎 Reflecting on historical patterns, #NEO has consistently followed a downward trend, frequently encountering resistance around $17.01. Our analysis suggests that the price may revisit the demand level at $14.79 before embarking on a further bullish trajectory. Interestingly, this level has been respected twice in the past.
💎 In the event that NEO faces challenges in maintaining its momentum at the $14.79 demand, we anticipate a bullish recovery from the lower demand zone around $13.30. However, a breach below this point could potentially lead to additional declines. Let’s remain vigilant and be prepared to adapt our strategies as needed.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.