Positive sign for potential upward movement

٢٠ يونيو ٢٠٢٤

NEO experienced a drop to the support area around $10, followed by an immediate bounce back up. This sharp rebound suggests that there is significant buying interest and strong support at this level. Such a reaction indicates that buyers are stepping in to defend the $10 support, which is a positive sign for potential upward movement.
If the current positive momentum persists, it is likely that we will see NEO testing the next resistance area in the coming days. This would imply that the price could rise further, challenging the next significant resistance level, and potentially indicating a shift towards a bullish trend.