$NEO / USDT — Short-Term Bearish Pullback Setup

NEO has faced a clear rejection from the 4.10–4.15 resistance zone and is now printing lower highs with consecutive bearish candles on the 1H timeframe. Momentum has shifted to sellers, suggesting a continuation of the pullback toward lower support levels.

Direction: Short

Entry Zone:

3.95 – 4.05

Targets:

Target 1: 3.88

Target 2: 3.80

Target 3: 3.70

Stop Loss:

Above 4.18

Bias:

Bearish while price stays below 4.10. A strong 1H close back above 4.18 would invalidate this setup and shift bias to neutral.

NEO

3.904

-4.94%