NEO can be called another strong project on the market, which has passed several business cycles.
The price of the asset is under selling pressure and has corrected to the price values of February.
Currently, it is better to wait with purchases.
A long-term position is better to form in the range of $21.68 - $29.60.
It is better to place the hedging order in the range of $15.55 - $19.08.
The stop loss should be calculated depending on the money allocated to the transaction, and do not forget that it is better to keep no more than 10% of your deposit in one asset.
Target price levels will be
$45,22
$54,80
$64,00
$78,00
$88,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
The price of the asset is under selling pressure and has corrected to the price values of February.
Currently, it is better to wait with purchases.
A long-term position is better to form in the range of $21.68 - $29.60.
It is better to place the hedging order in the range of $15.55 - $19.08.
The stop loss should be calculated depending on the money allocated to the transaction, and do not forget that it is better to keep no more than 10% of your deposit in one asset.
Target price levels will be
$45,22
$54,80
$64,00
$78,00
$88,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice