P_S_trade

NEO 4h Continuation of the global fall to $10

Short
BINANCE:NEOUSDT   NEO / TetherUS
The previous Neo idea worked out completely.
It's time to update our vision of the NeoUSDT possible future price movement within the frame of the global short idea, which is almost 2 months old.

Neo reacted relatively weakly to the BTC growth compared to other altcoins.
It looks like the big money isn't interested in a coin at its current price yet.

The first zone, from where the next NeoUSDT fall can start is $15.60-16.20.
If, by some miracle, the price is able to fix above this zone, then there will be a chance to move higher into the zone $17.30-17.80.

But, in our opinion, the fall is inevitable:
Intermediate target of the fall - $12.60-12.70.
Global target of the fall $10.50-10.60.
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