【$NEO Signal】Pullback to Buy! 1H Retesting Key Support, Awaiting Bounce

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

🎯 Direction: Long

⚡ Entry/Pending 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 falls back below the lower end of entry zone, consider exiting and observing.

In-Depth Logic: 1-hour RSI has pulled back from overbought zone to neutral area, releasing some selling pressure. 4-hour open interest remains stable with no signs of large-scale fund outflow. Crucially, order book data shows buy orders are abnormally dense in the 2.614-2.621 zone, forming a strong support wall with clear intention of main force protection. Combined with slightly negative funding rate, risk of short-term squeeze is low, creating conditions for a bounce.

View Live Chart 👇 $NEO

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