📊NEUTRAL: $NEO (1D)
Current Price $13.41
Market Cap $944.58M
Change 1h -0.47% | 24h +1.52%
Daily Indicators:
• RSI: 38 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 14 - Below 🔴
Analysis:
The NEO USDT chart showcases a falling wedge formation, hinting at a potential bullish trend for NEO. With the daily MA200 and falling wedge resistance at $14.39, we should watch for a breakout before considering entry. This setup generally leads to positive price action.
Price Targets:
If the breakout occurs, keep an eye on these targets: $16.31, $17.57, $19.04, $20.17, $21.56, and $23.82. These levels may offer resistance, but also present profit-taking opportunities.
