NEO completes the declining phase, continuing to move within the framework of the downtrend. The price is testing the resistance level of $11.60
It is possible to assume a continuation of correction of descending movement to collect liquidity to the next resistance level of $16.20, after which the fall will continue.
The zone of interest for medium-term purchases is in the price range of $5.65 - $8.30. Two previous market cycles started from this zone.
Targets for such purchases are levels of $16.20 and $29.50.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice