NEOUSD seems to be forming descending wedge pattern. Last year NEO topped at $130+ it's also one of the coin which failed to break All time high like IOTA, XRP, DASH, BCH.
but now it seems it's finally getting the momentum back. this chart shows that NEO will probably hit all time high around by the end of 2023 (time is very hard to predict). but here we go lol I am expecting a bull run to $400. so many people are bearish in the market right now. but i think bears are going to get REKT very soon.
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Disclaimer: it's not financial advice as crypto market is very volatile so be careful.
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We did hit the stoploss which is understandable. due to ftx / binance issue the market crashed hard which resulted in stoploss being hit. but overall idea is still valid.