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Technical analysis by CryptoAnalystSignal about Symbol NEO: Buy recommendation (6/30/2025)

https://sahmeto.com/message/3606579
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 29311
1.2
Buy،Technical،CryptoAnalystSignal

#NEOThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.We have a bounce from the lower boundary of the descending channel, this support at 5.45.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.There is a major support area in green at 5.30, which represents a strong basis for the upside.Don't forget a simple thing: ease and capital.When you reach the first target, save some money and then change your stop-loss order to an entry order.For inquiries, please leave a comment.We have a trend to hold above the 100 Moving Average.Entry price: 5.55First target: 5.63Second target: 5.73Third target: 5.86Don't forget a simple thing: ease and capital.When you reach your first target, save some money and then change your stop-loss order to an entry order.For inquiries, please leave a comment.Thank you.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$5.57
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