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NEOUSDT

Bullish 📈 on $NEO for a price target of $89 🚀🚀 The Bullish Case for NEO 🚀 I've analysed the NEO chart, and I find the technical indicators suggest to be oversold. This is often a strong buying signal and, combined with the fundamentals of NEO, makes me decidedly bullish. It is not financial advice. 1️⃣ Oversold Territory: The recent market correction has pushed NEO into oversold territory. Historically, these have been excellent opportunities for value investors. 2️⃣ Target Price : Given the current chart patterns, I am expecting NEO to bounce back and reach no less than $89. 3️⃣ Past Cycles: NEO has shown strong resilience in past market cycles, demonstrating impressive growth and recovery. I think that it's poised to follow a similar trajectory in the near future. 4️⃣ Smart Economy: NEO has a growing ecosystem of dApps, which could push the demand for NEO even higher. 5️⃣ Scalability & Efficiency: With its dBFT consensus mechanism, NEO provides high transaction speed and reduced energy consumption. 6️⃣ Interoperability & Quantum Resistance: NEO's commitment to quantum-resistant cryptographic mechanism positions it intensely for the future. As always, this is not financial advice but my personal opinion based on my own analysis and research. Always conduct your due diligence when investing.
Long
by Joy_Bangla
1
NEOUSDT Ready To Breakout?The cryptocurrency NEO appears to be gaining strength vs tether as we see that this asset has made a deep retrace of the June 28th low to July 1st high and if the 88.6% retracement level is to hold, there is a bullish argument beginning to develop. We are at resistance however, but if the RSI is told hold true, there is classic bullish divergence in development there that may give this asset the juice it needs to break through and hold. I like targets up around $9.5 and $9.7.
Long
by TradeVibez
NEO → %160 profithello guys... as you can see, this coin engulfed the last high very well and formed a QM pattern, retrace to this level quickly! if you take the risk you can enter now! and close 33% position in each target, but if you need confirmation you can get it when the price engulfed and make consolidation upper than $11.8. first target: $12.5 second target: $15.9 this target: $21.4 ____________________ about this coin: NEO is a cryptocurrency that operates on a decentralized blockchain platform often referred to as the "Chinese Ethereum" due to its similarities with the Ethereum blockchain. NEO aims to digitize assets and facilitate the creation of smart contracts, allowing developers to deploy and execute decentralized applications (dApps) on its platform. One of NEO's distinguishing features is its delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which ensures faster transaction processing and increased scalability. NEO's token, also called "NEO," plays a crucial role in the platform's governance and allows holders to participate in decision-making processes. ___________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
BINANCE:NEOUSDLong
by melikatrader94
14
NEOUSDT → Another resistance retest. The odds go up NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful. The 4-hour moving averages act as support, forcing price to test the triangle resistance line. The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon Strong support: 12.15, 11.65 Strong resistance: 13.86, 15.80 I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80 Sincerely R. Linda!
Long
by RLinda
15