🟡 Neo ($NEO ): Internal Conflict or Entry Opportunity?

Market Capitalization: $248.07M.

Neo, known as the "Chinese Ethereum," is going through tough times.

🟡 And it's not just about the market a real drama is unfolding within the team.

What happened❔

🗣On January 26, Neo co-founders Erik Zhang and Da Hongfei held a meeting in Hong Kong that ended in complete failure.

🗣Zhang put forward three demands: financial oversight, halting the EON project, and using official communication channels. The demands were not met, and Zhang publicly called for Da Hongfei's resignation.

What does this mean for the market❔

🗣Leadership conflicts always hit investor confidence. Neo's current price is around $2.70-$2.75, representing a serious drop. Over the past 30 days, the coin has lost 28.47%, and dropped nearly 10% over the past week. The 24-hour trading volume is $16 million.

🗣History shows: disputes in Neo's leadership cause volatility, but also create opportunities to enter at reduced prices.

Trading guidelines:📈📉

📈 Rise above $2.85 - could highlight a target of $3.30.
📉 Drop below $2.65 - will intensify seller pressure and open the path to $2.42.

Conclusion:
Monitor leadership news. If the conflict resolves — Neo could bounce sharply. But for now, risks remain high.

📈 Open trade with $NEO ‌🔗 Chat • X • JioCoinsX