NEO | Long | Spot Demand Rebuild + Bullish Flow Shift |(April 9)

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NEO | Long | Spot Demand Rebuild + Bullish Flow Shift | (April 9, 2025)

1️⃣ Insight Summary:
NEO has been in a heavy downtrend, but signs of spot accumulation, buy signals, and momentum shift suggest bulls may be stepping in. I'm watching closely for a re-entry opportunity if price dips again.

2️⃣ Trade Parameters:
Bias: Long
Entry Zone: $5.00 – $4.40 (compound buy zone if price retraces)
Stop Loss: Below $4.40 (zone invalidation and liquidity flush)
TP1: $6.52
TP2: $8.76
Final TP: $10.26
Partial Exits: Around $6.50 and $9.00 to secure gains as we move higher

3️⃣ Key Notes:
✅ Strong buy signals have appeared after a deep selloff — paired with increasing volume and Money flow flipping bullish
✅ Money flow indicators are starting to turn positive, suggesting renewed interest in NEO
✅ NEO is often referred to as "China’s Ethereum" and has been building a next-gen blockchain platform focused on digital payments, identity, and asset tokenization
❌ Watch out for weakness below $4.40 — that breaks the current recovery structure
📈 This trade idea is based on both technical structure and on-chain/flow metrics

4️⃣ Follow-up Note:
I’ll look to re-enter if price dips into the compound zone. Will update this idea once price nears TP1 or if any major changes occur in market structure.

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Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.

Note
I am enterying my buy order

snapshot

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