【$NEO Signal】Pullback Buy Entry! 1H Testing Key Support, Awaiting Bounce

$NEO The 1H level is currently retesting EMA20 and the previous support cluster zone, forming a short-term accumulation structure. The 4H level is holding above EMA50, with the overall trend intact. This pullback is an excellent ambush opportunity. Order book shows strong bid depth, robust support below, negative funding rate favors longs.

🎯Direction: Long

⚡Entry/Limit Order: 2.614 - 2.621

🛑Stop Loss: 2.556

🚀Target 1: 2.730

🚀Target 2: 2.788

🛡️Trade Management:

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

In-Depth Logic: The 1H RSI has pulled back from overbought zone to neutral zone, releasing some selling pressure. The 4H open interest remains stable with no signs of major fund outflows. Critically, order book data shows abnormally dense buy orders stacked in the 2.614-2.621 zone, forming a strong support wall with clear intent of whale accumulation. Combined with the negative funding rate, short-term squeeze risk is low, creating conditions for a bounce.

View Live Chart 👇 $NEO

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