$NEO maintains a firm bullish posture, climbing within a well-defined ascending channel. Market participants are respecting value zones, suggesting institutional-style bidding rather than speculative spikes. Immediate resistance rests near 3.05; clearance there activates 3.30 as the next upside objective. Support is layered at 2.72, with a stronger defense band around 2.60. Momentum remains favorable, yet price is approaching an area where profit-taking could temporarily slow progress. Healthy trends often retest breakout levels, so pullbacks should not automatically be interpreted as weakness unless structure breaks. Traders can favor continuation setups while the channel holds, using support for risk definition. A decisive push through resistance would likely attract fresh participation and extend the leg higher. Until then, expect controlled movement with buyers gradually testing supply. $NEO

NEO
2.909
+0.44%
