$NEO Short Liquidation Alert!
A $53.7K short position has just been liquidated at $19.37, signaling a potential momentum shift for NEO.
This event reflects growing bullish pressure as shorts exit the market.
Market Insights:
The liquidation at $19.37 highlights strong buyer interest at current levels.
Trading volume is picking up, suggesting a possible breakout is in play.
Next Strategy:
• Bullish outlook: If $NEO sustains above $19.37, it could rally toward the $20.00-$20.50 resistance zone. Look for confirmation with increasing volume.
• Caution zone: A pullback below $19.10 may test the $18.80 support before further upward movement.
This could be a pivotal moment for $NEO , so stay alert for clear breakouts or reversals to align your positions accordingly!
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