$NEO
/USDT with trade signals and three target levels:
Technical Analysis:
Current Price: $19.84 (Up 25.33%)
Trend: Bullish momentum, currently in an uptrend after breaking above the resistance at $19.12.
RSI (Relative Strength Index): Likely approaching overbought territory, suggesting caution in the short term.
MACD: Showing positive momentum, but it may face resistance around the $20 mark.
Support Levels:
First Support: $19.12
Second Support: $18.50
Resistance Levels:
First Resistance: $20.81 (24h High)
Second Resistance: $21.08
Trade Signals:
Buy Signal: If the price holds above $19.12 and confirms upward momentum.
Sell Signal: If the price falls below $18.50 or encounters resistance near $20.81 with weakening momentum.
Target Levels 🎯:
1. Target 1: $20.81 (First resistance, 24h High)
2. Target 2: $21.08 (Next resistance level)
3. Target 3: $22.50 (Psychological resistance, if momentum continues)
Momentum:
The price shows strong bullish momentum, but nearing overbought conditions. Caution is advised around resistance zones ($20.81-$21.08), where a pullback may occur. Watch for confirmation of support at $19.12 for further upward movement.
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