Helical_Trades

NEO/USDT: Ranging into the lower flat channel

Short
BINANCE:NEOUSDT.P   NEO / TetherUS PERPETUAL CONTRACT
NEOUSDT NEOUSDT.P
Hello everyone 😃
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$NEO is still moving into a ranged zone within $6.8 - $6.0;
Based on the range formed here, I want to take a SHORT right below the current resistance zone take partial profits along the down till $5.5.
Stop-Loss should be located a bit higher above the local high at $6.785 to avoid the possible deviation and stop-hunts above it...
I'll trail my stop-loss once it reaches the Target1.

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@Helical_Trades

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