$NEO /USDT Trading Signal: Bullish Momentum Strengthens #NEO is trading at $17.08, gaining 8.58% in the past 24 hours. The price is testing its 24-hour high of $17.09, indicating strong bullish sentiment. Increased volume and RSI near overbought levels suggest further upward potential but also the need for caution against possible pullbacks.
Bullish Signal
Resistance: $17.20 – Breaking above this level could target $17.50 and $18.00.
Long Entry: Above $17.10 for targets at $17.50 and $18.00.
Stop Loss: $16.80 to manage downside risk.
Bearish Signal
Support: $16.70 – A break below this level could lead to $16.30 or $15.80.
Short Entry: Below $16.70 for targets at $16.30 and $15.80.
Stop Loss: $16.90 to avoid reversals.
Monitor these levels carefully as NEO approaches a critical breakout zone with heightened volatility expected.