$NEO

NEO Trade Setup: Clean Bounce Confirmed! 📈

📝 Key Levels and Parameters

Trade Type: Long (Buy)

Buy Zone (Long): 4.14–4.16

Take Profit 1 (TP1): 4.20

Take Profit 2 (TP2): 4.30

Take Profit 3 (TP3): 4.32

Stop Loss (SL): 4.10

The trade thesis is that NEO has successfully defended the strong $4.07 support level, and buyer pressure is expected to drive the price up to test resistance in the $4.30 area.

🛡️ Risk and Profit Management

Risk Per Trade: Using the lowest entry (4.14), the risk distance is 4.14−4.10=0.04. This is a very tight risk zone, emphasizing the need for an immediate upward move.

Profit Lock Action: Once the price hits the first target, TP1 (4.20), you must immediately move your Stop Loss up to your Entry Price (≈4.15). This secures a risk-free position for the higher targets.

Risk/Reward Ratio: Using the lowest entry (4.14) and the final target (4.32), the R:R is 1:4.5. This is an excellent Risk/Reward ratio, where the profit potential is over four times the risk.

$NEO
{future}(NEOUSDT)