NEO/USDT - Support level before starting a reversal
NEO/USDT is moving within an upward channel marked by two parallel orange lines. This indicates a stable uptrend. The price is currently approaching the lower boundary of the channel, which serves as dynamic support.
Additionally, the price is currently around the middle line of the Bollinger Bands. If the price can hold above this middle line, it is likely to move towards the upper band, indicating further upward potential.
Bullish Bias: if the price can stay above the support level of $14.3 and move towards the resistance level of $30.
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