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

$NEO 1H timeframe is retesting the EMA20 and previous support cluster zone, forming a short-term accumulation structure. 4H timeframe holding above EMA50, overall trend intact—this pullback is an excellent entry opportunity. Order book shows deep buy-side depth, strong support below, slightly negative funding rate favoring longs.

🎯 Direction: Long

⚡ Entry/Limit Orders: 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 for 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.

Deep Logic: 1-hour RSI has pulled back from overbought zone to neutral territory, releasing some selling pressure. 4-hour open interest remains stable with no signs of major fund outflow. Critically, order book data shows buy-side entries unusually dense in the 2.614-2.621 zone, forming a strong support wall with clear main force support intent. Combined with slightly negative funding rate, short-term squeeze risk is low, creating conditions for a bounce.

View Live Chart 👇 $NEO

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