【$NEO Signal】Call on Pullback! 1H Retest of Key Support, Awaiting Bounce

$NEO 1H timeframe is retesting the EMA20 and previous support cluster zone, forming a short-term accumulation structure. 4H timeframe stands firmly above EMA50, overall trend intact, this pullback is an excellent ambush opportunity. Order book shows solid buy-side depth, strong support below, funding rate slightly negative, favorable for longs.

🎯 Direction: Long

⚡ Entry/Limit Orders: 2.614 - 2.621

🛑 Stop Loss: 2.556

🚀 Target 1: 2.730

🚀 Target 2: 2.788

🛡 ️Trade Management:

- Execution Strategy: After price reaches 2.730, reduce position by 50% to lock in profits, and move the stop loss of remaining position up to entry price 2.621. If price fails to break through 2.730 and pulls back below the lower end of entry zone, consider exiting to observe.

Deep Logic: The 1-hour RSI has retreated from the overbought zone to the neutral zone, releasing some selling pressure. The 4-hour open interest remains stable with no signs of major fund outflow. Crucially, order book data shows abnormally dense buy-side limit orders in the 2.614-2.621 zone, forming a powerful support wall with obvious main force support intent. Combined with the slightly negative funding rate, short-term squeeze risk for bears is low, creating conditions for a bounce.

View Live Chart 👇 $NEO

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