Look at how $NEO ‌ is behaving right now and tell me you don’t see the trap being set.

The price action just took a three percent hit today but it is still holding above that key support level near two point six. We saw a massive wick up to three point three recently which tells me there is a lot of selling pressure sitting up there. We are basically stuck in a range between two point six and two point nine right now.
The order book is almost perfectly balanced at fifty one percent buyers. It is a total stalemate. Volume is cooling off after that big spike which usually means we are going to consolidate for a few more days before the next real move. If we lose two point six then things could get ugly fast.
I am staying patient and waiting for a clear break of that two point nine resistance before I even think about getting excited again. This is where most retail traders get chopped up.

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