Regarding the market dynamics of NEO, the four-hour chart shows that the yellow dot signal has appeared at 4 am today, which clearly indicates the arrival of the bullish buying opportunity.
If the current price can successfully break through the important price of $11.402, then the next step is to wait patiently and confirm the appearance of the next yellow dot signal.
Once the bullish buy signal is confirmed, the market is expected to rise further.
At present, the pressure level is expected to be around $11.907, while the support level is roughly around $11.116. It is worth noting that the current market is in a sideways state at the same level, which requires special attention.
If the market can break through the current sideways state, it may bring higher profit opportunities. Therefore, investors are strongly advised to pay close attention to the changes in long and short prices in order to grasp the market dynamics in a timely manner and make corresponding strategy adjustments.
