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Technical analysis by thesharkke about Symbol NEO: Buy recommendation (7/23/2025)

https://sahmeto.com/message/3656523
thesharkke
thesharkke
Rank: 1856
2.4
Buy،Technical،thesharkke

Hello, NEOUSD is currently positioned at a compelling support level, presenting an attractive opportunity for risk-tolerant traders. Technical indicators are signaling a potential bullish reversal, with the MACD approaching a bullish zero-line crossover in the near term, suggesting strengthening momentum. Additionally, the RSI is nearing oversold territory, further supporting the case for a potential upward move. For those comfortable with higher risk, we recommend allocating a small, diversified position in NEOUSD to capitalize on this setup. Should the price rebound to recent highs, this trade could offer a potential over 200% return on investment. However, given the inherent volatility, prudent risk management is critical to mitigate downside risk. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Translated from: English
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Signal Type: Buy
Time Frame:
14 روز
Profit Target:
$13.1
Stop Loss Price
$4.55
Price at Publish Time:
$7.19
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