NEO Price Outlook : Anticipating a Downward Move Before Uptrend
#NEO.24小时交易策略 #NEO.智能策略库🥇🥇 #BinanceSquareFamily #Write2Earn! #Market_Update In the coming days, **NEO** is showing significant price movement potential. Using the **pitchfork analysis** on the NEO chart, it’s evident that the price has struggled to break the **middle line** of the pitchfork. This failure suggests that the price is likely to **retrace towards the bottom** of the pitchfork before initiating its anticipated uptrend.
- Traders should prepare for a potential dip as NEO approaches this lower level.
- Once it reaches the bottom of the pitchfork, the expectation is for a bullish reversal and subsequent upward momentum.
Conclusion & Advice :
Investors should consider positioning themselves strategically to capitalize on the anticipated movement. Monitor the price closely as it nears the lower pitchfork boundary, as this could provide a favorable entry point before the expected uptrend begins. Patience and careful observation will be key in navigating this potential transition.