Let's look at what we said recently a few days ago
"As you see we are below the ascending trend line and treating below for a few days .$7.50 is strong resistance and tried to hold it but failed. Few times it tried also $7.75 level and again failure. Volume is not that strong and positive trade is picking up but if upside trade did not come soon it will break down $7.50 support level and it may go up to $6.00 and this level becomes very strong support. Watch out few days if the buyers come and defends or let's go down to create buying opportunities."
NEO /USDT Daily Chart
As we said last time if strong support comes the price of NEO would go up and finally strong support came at $7.40 level. This level of support makes NEO prices go up more easily and there is a great chance of it. It finally reaches $7.50 level and passes it today also and volume is up the last 3 days. It is trading currently ascending trend line and resistance comes at $7.75 level and if it can succeed to stick to this level next resistance is $8.00. Things are looking good for NEO at the moment and hope it keeps that way.
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