NEO Gas token to print 1500% move to $57 in 2024?On the above weekly chart price action has corrected 90% from $30 since November 2023. A number of reasons now exist to be long. They include:
1) Price action and RSI resistance breakouts.
2) A trend reversal.
3) Price action is at this moment confirming support on past resistance established 5.25 years ago. That is important.
4) The bull flag. A confirmation of support on the legacy resistance is also a confirmation of the bull flag. An impulsive move of 1500% to $57 area should follow.
Is it possible price action corrects further? Sure.
Is it probable? No
Ww
Type: trade
Risk: 2-3% is enough
Timeframe for long: You decide
Return: 1500%