$NEO Signal】Long - 1H breakout pullback confirmation, obvious signs of main force supporting the market



$NEO The 1H timeframe is consolidating strongly above EMA20, just completing a breakout test of the previous high at 2.765. Although the 4H timeframe is under pressure from EMA50, the 1H momentum has already turned strong, and open interest remains stable, with prices holding firm. This is a typical short-term accumulation signal. The current price is close to the 1H EMA20 support, making it an excellent sniper entry point.

🎯Direction: Long (Long)

🎯Entry/Order: 2.755 - 2.760 (Reason: Dynamic support from 1H EMA20 + pullback confirmation after breakout )

🛑Stop Loss: 2.720 (Reason: Break below the previous 1H low at 2.718 and ATR lower band )

🚀Target 1: 2.810 (Reason: Resistance at previous 4H high and Fibonacci 0.382 retracement level )

🚀Target 2: 2.880 (Reason: Resistance at 4H EMA100 and 1.272 extension level )

🛡Trade Management:

- Position size suggestion: Light position (Reason: 4H trend not fully resonant, need to prevent false breakouts )

- Execution strategy: After reaching 2.810, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 2.760. If the price strongly breaks through 2.810, target the remaining position at 2.880.

Deep logic: The 1H RSI(62.63) is in a strong zone, not overbought, with room to rise. Market depth shows a large number of orders stacked between 2.74-2.75 (totaling over 30,000 coins), forming a solid support. Although the current taker is selling, the price is not falling, and open interest remains stable, indicating that the main force may be supporting the market and accumulating positions. The buy/sell ratio on the 4H level in the latest volume surge is 0.53, showing buy dominance. Overall, this is a low-risk, high-reward short-term bullish opportunity.

View real-time market 👇 $NEO

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
NEO3,88%
BTC1,88%
ETH1,42%
SOL2,85%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
ybaservip
· 1h ago
To The Moon 🌕
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)