【NEOUSDT Signal】Long: Volume Breakout Followed by Contraction Pullback on 4H, Healthy Fund Structure

On the 4-hour level, $NEO completed a key breakout on March 15, 08:00-12:00 (UTC). Price surged from 2.579 to a high of 3.068, with trading volume spiking to 19.05 million, far exceeding previous averages. After the breakout, price entered a contraction correction phase, with the latest 4-hour candle volume shrinking to 3.31 million, and buy/sell ratio of 0.47 indicating selling pressure relief. On the daily level, price has broken through the downtrend line resistance that has been in effect since February 15.

🎯 Direction: Long

⚡ Entry: 2.840 - 2.860

🛑 Stop Loss: 2.728

🚀 Target: 3.142 / 3.308

🛡 Strategy: Close half position at Target 1, move stop loss of remaining position up to entry price.

Logic: The chart presents a standard whale-driven pump followed by wash structure. The first massive volume surge (19.05 million in trading volume) represents real capital entry, not merely pump-and-dump, as open interest (OI) did not collapse during this period. The subsequent volume contraction (volume shrinking over 80%) indicates floating chips are being washed out and selling pressure is drying up. Depth data shows buy orders accumulating over 550,000 units in the 2.840-2.836 zone, forming solid support. The current -0.15% negative funding rate, though minimal, will continuously increase short position costs if sustained, providing fuel for subsequent rallies. The path of least resistance is upward, with whale intent to launch an assault on the first target 3.142 (near previous high) after washing out retail traders.

View real-time chart 👇 $NEO
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