$NEO /USDT (1H) — Reversal Base (MA7 Hold + Range Reclaim)
Bias: Long
Entry (Zone): 2.610 – 2.630
Targets:
TP1: 2.660
TP2: 2.688
TP3: 2.720
Stop Loss: 2.585
Why this Setup:
I’m looking for a reversal-long because NEO is trying to base after the sell-off and is now holding around the MA7 (~2.622) with price stabilizing near the current range lows. With NEO trading around 2.623 right now (24H low ~2.595 / 24H high ~2.688), I prefer buying the 2.610–2.630 zone as a support-hold attempt and then targeting a push back into the mid-range first (TP1). If buyers can reclaim and hold above MA25 (~2.639), I’m looking for continuation toward the 24H high (TP2) and then an extension into the next resistance pocket (TP3). A clean break below 2.585 invalidates the base-building idea, so that’s where I’m cutting the trade.
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