Long

Current NEO resistance on trend reversal

Updated

There's been a lot of FUD surrounding NEO the last 36 hours or so, this caused a huge panic sell, if you bought the dip, good on ya. There is a potential for a few intraday profits to be made as long as this trend continues. It's too difficult to continue the depth of this pump with TA as the market appears heavily manipulated. NEO is still a safe buy, if you find yourself in the red, hodl long enough and you'll be fine. I could see NEO taking a dump back to $31, I could see it pumping past its hard resistance.

Note

It couldn't break first resistance, currently 1 hour RSI is descending and mid-level. Buy when RSI is floored, i'd look to buy and hopefully NEO breaks resistance, although doubtful without decent volume and a catalyst.

KnifeOfPi

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