$NEO The recent long liquidation of at $13.664 signals a significant market movement. Liquidation at this price often indicates a surge in selling pressure, possibly due to stop-loss triggers or over-leveraged positions. This can cause volatility, presenting both risks and opportunities for traders.

Current Status.

Liquidation Price: $13.664

Market Sentiment. Neutral to bearish (short-term)

Potential Opportunity. Look for a bounce or further retracement for ideal entry points.

Key Levels for NEO

Buy Zone.

$12.90 - $13.30

(Wait for the price to show stability in this range with confirmation like strong candles or increasing buying volume.)

Targets.

1. Target 1: $14.50 (Short-term).

2. Target 2: $15.20 (Mid-term resistance).

3. Target 3: $16.00 (Longer-term breakout potential if momentum sustains).

Stop-Loss.

Conservative Stop-loss. $12.50

(Set this below the buy zone to minimize risk in case the market trends downward further.)

Strategy Suggestions.

1. Entry Confirmation.

Look for bullish signals like green candles, higher lows, or increased volume around the buy zone.

2. Risk Management.

Use the stop-loss strictly to avoid heavy losses. Do not over-leverage positions.

3. Trailing Stop.

Once the first target ($14.50) is reached, consider moving the stop-loss to your entry price to secure profits.

4. Market Monitoring.

Keep an eye on Bitcoin and overall crypto market sentiment, as it can influence NEO’s price movement.

Things to Watch.

Breakout or Breakdown. If NEO fails to hold the buy zone, further downside to $12.20 - $12.50 is possible.

News Events. Positive or negative news can quickly shift momentum.

Trade wisely and always do your research before entering the market.

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