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$NEO Breakout & Reversal Setup — Smart Contract Layer‑1
Entry Zone: $7.80 – $10.20
Bullish Confirmation Above: $11.80 – $12.50
🎯 Take-Profit Targets:
TP1: $15.00 – $17.00
TP2: $20.00 – $23.00
TP3: $28.00 – $32.00+
🛑 Stop-Loss (SL): $6.80 – $7.20
Setup Summary:
$NEO is showing a classic reversal/consolidation pattern after a long downtrend. Earlier resistance around $6.50–$7.00 acted as a prep move for range compression, setting up a high-probability breakout scenario. Reclaiming $11.8+ would shift market structure bullish, signaling strong momentum and potential for a multi-leg rally.
Why it’s attractive:
Clear entry vs risk structure ✅
Multiple target levels for scaling out profits 💰
Breakout above $11.8 confirms trend reversal and momentum 💹
Low-risk setup relative to previous consolidation zone
$NEO ........👇🏻✨
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