October was a month of range trading for Neo, with the price trading between 37 zone support and 47 zone resistance.
At this point, the coin is building up momentum for a break and a close above resistance should accelerate gains towards the 75usd zone
On the other hand, a drop under 37 would be bearish and can lead to a new local low around 20usd.
I'm bullish on this coin and I will look to buy for a trade with a good R:R