$NEO /USDT BEARISH CONTINUATION SETUP

NEO remains under persistent selling pressure after multiple rejections near the 6.39 resistance level. The market structure shows clear lower highs and weakening bullish attempts, signaling strong bearish control. Price is now hovering close to the 6.00 support zone — a decisive break below it could trigger another downward leg.

Momentum indicators confirm fading buyer strength, favoring short positions in the near term.

🎯 Short Entry: Below 6.00 breakdown confirmation

🎯 Targets (TP): 5.85 — 5.65 — 5.45

🛑 Stop Loss (SL): Above 6.30

Risk Management:

Use only 2–3% of total capital per trade. Lock partial profits at first target and adjust stop loss to breakeven to secure gains.

#CryptoAnalysis #BearishSetup #AltcoinTrading #TechnicalStrategy #RiskManagement