Even if at the moment it looks bearish, in the news and conferences we clearly see that Neo as a solution in mind. That's what confirm the bounce at main support trend line.
I would expect Neo to drop deeper if the project doesn't release a good solution before price break the 0.0059 last support trend line.
I'm not sure how the analiser judge if my idea is rong or right but for now It's pretty much follow my expectation we'lll see if EMA200 support line hold the price, it is a possibility.