Bullish Momentum: NEO has exhibited bullish momentum over recent weeks, currently resting at a support level. Long Opportunity: Given its bullish trend and support bounce, NEO presents an opportunity for a long trade. Entry Point: Consider entering the trade at the current support level, ranging from $17.85 to $18.50. Profit Targets: Target potential profit zones at $20.00 to $20.80 or $22.50 to $23.25 based on resistance levels. Risk Management: Mitigate risk by setting a stop-loss order just below $17.50 to manage potential downside risk. 📈 Trading Strategy:
Entry: Initiate a long position as NEO finds support within the specified range. Targets: Aim to take profits at predetermined resistance levels of $20.00 to $20.80 or $22.50 to $23.25. Risk Control: Implement a stop-loss strategy to safeguard against adverse price movements and limit potential losses. 🚨 Note: Stay attentive to price action and ensure effective risk management throughout the trade! #NEO #TradingPlan #CryptoAnalysis 🌟📊