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$NEO Signal】Hold a neutral stance — Weak rebound amid deep imbalance
After a failed volume breakout on the 4H timeframe, the price has fallen back below the EMA20 (2.6626) and is currently consolidating with decreasing volume.
🎯 Direction: Neutral
Market data shows that despite a slight increase of 0.69%, key indicators point to weakness. The funding rate (-0.0035%) is negative, but open interest (OI) remains stable rather than rising, which does not align with typical short squeeze conditions. The 4H buy/sell ratio hovers between 0.47 and 0.54, indicating that buying strength is not strong