【$NEO Signal】Long - 1H Breakout Pullback Confirmed, Intention of Main Force to Support Price is Clear

$NEO is consolidating strongly above EMA20 at the 1H level, having just completed a breakout from the previous oscillation range. The 4H level has closed bullish consecutively, with price standing firm above EMA50, and the trend has shifted from weak to strong. Current price is retracing slightly after the breakout, which is an excellent sniping opportunity.

🎯Direction: Long

⚡Entry/Limit Order: 2.553 - 2.564

🛑Stop Loss: 2.553

🚀Target 1: 2.605

🚀Target 2: 2.626

🛡️Trade Management:

- Execution Strategy: When price reaches 2.605, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to entry price 2.564. If price breaks 2.626 strongly, you can move the stop loss of the remaining position up to 2.605 to pursue greater gains.

Deep Logic: The market shows strong signs of main force supporting the price. Over the past 4 hours, price has risen steadily, but open interest has remained stable, indicating this is not short covering but rather orderly long position building. The 1-hour RSI is in a healthy strong zone, not yet overbought. Importantly, the order book shows abnormally thick buy-side depth, with massive buy orders accumulating in the 2.590-2.600 zone, forming strong support base and providing ample fuel for price advancement. The current pullback to the optimized entry zone presents an ambush point with excellent risk-reward ratio.

Check Real-time Chart 👇 $NEO

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