NEO / TetherUS

NEOUSDT 1D

67
#NEO is moving inside a symmetrical triangle on the daily chart. If it bounces from the triangle support line, an upward move can be expected, and in case of a breakout above the triangle, higher targets may be reached. If the above scenarios are confirmed, the potential targets are:

🎯 $6.587
🎯 $7.290
🎯 $7.993
🎯 $8.995
🎯 $10.270

In case of a breakdown below the triangle, it may go to retest the $4.640 ~ $4.520 zone.

⚠️ Always remember to use a tight stop-loss and follow proper risk management.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.