Technical analysis by weslad about Symbol NEO: Buy recommendation (7/27/2025)

NEOUSDT broke below its micro ascending broadening structure in what appears to be a strategic deviation to trigger stop-loss liquidity. Following this flush, price action has settled into a brief consolidation phase, often indicative of underlying bearish weakness losing momentum. Our focus shifts to the internal demand zone, which is currently acting as a strong platform for accumulation. With price reclaiming the prior range low and reacting positively from the projected reversal zone (PRZ), we are positioning for a potential multi-leg bullish expansion. Targets are projected at 8.54 → 11.70 → 16.89, with a final extension towards 32.67, aligning with the macro channel resistance. Risk is clearly defined below 4.68, which serves as invalidation of this bullish view.