- NEO is consolidating in a narrow range around 5.1–5.3 after a sharp drop on 10/10.
- Price remains below the 20-day SMA and key Fibonacci resistance at 5.43, showing a bearish bias.
- Volume is low, suggesting weak momentum.
- A breakout above 5.6 could signal recovery, while a drop below 5.0 may lead to a retest of 4.3 support.
- Price remains below the 20-day SMA and key Fibonacci resistance at 5.43, showing a bearish bias.
- Volume is low, suggesting weak momentum.
- A breakout above 5.6 could signal recovery, while a drop below 5.0 may lead to a retest of 4.3 support.
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