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$NEO (1H) - Support Bounce
Bias: Long
Entry (Zone): 2.89 - 2.93
Targets:
TP1: 2.98
TP2: 3.05
TP3: 3.12
Stop Loss: 2.83
Why this Setup:
I’m looking for a continuation off the recent support reaction, since price has held the 2.88 to 2.90 area after a sharp push up. I want to see buyers defend this zone and extend the rebound toward the prior highs, with momentum confirming that the move is still intact.
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