2026-04-08 05:39:33

$NEO is sitting at a critical decision point — pressure is building.

The structure is still clear — descending channel intact, higher timeframe still bearish.

Demand held strong at $2.4–$2.6, and price is now pushing into mid-channel resistance ($2.7–$2.9).

This is where trends either continue… or flip hard.

Rejection here = continuation
Trend stays bearish
Lows get revisited
Liquidity below gets swept

Breakout here = shift
Channel breaks
Structure flips
Momentum can expand fast

This is a classic squeeze moment.

This level decides the next direction.

NEO2.8%

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