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đ NEO/USDT â Watch for a Potential Breakout! đ
NEO/USDT is currently at a critical juncture, setting up for a major move! Hereâs a detailed breakdown of whatâs happening in the market based on the technical analysis:
Key Technical Levels:
Support Zone: Around 7.50-10.00 USDT, NEO has built strong support, holding this range for several months.
Resistance Zone: We have a major resistance zone between 16-20 USDT that NEO needs to break for further upside potential.
In the chart, we can see a clear downward trendline being broken, signaling the possibility of a bullish reversal. If NEO continues to gain strength and breaks through the resistance, we could see a massive surge in price towards the 23.83 USDT mark or beyond.
What to Expect:
Short-Term Target: A move toward 11.89 USDT, which could act as a minor resistance before tackling the major resistance zone.
Mid-Term Target: If NEO gains momentum, we could see it push further, breaking into the resistance zone around 16-20 USDT.
This is a great opportunity to keep an eye on! đš Whether youâre looking to add positions or just watching for a breakout, NEO/USDT is setting up for a potential bullish run.
Stay tuned for more updates and analysis on this trade!
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