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【$NEO Signal】Empty position, observe downward momentum
$NEO Price drops sharply with increased volume, combined with open interest data, caution is needed for sustained selling pressure caused by main force distribution or long liquidation. Currently, there is no clear support structure on the chart, indicating an accelerated phase in the downtrend, with very high risk of a sudden drop.
🎯Direction: Short (NoPosition)
Wait for the price to show clear signs of deceleration or structural buying absorption before assessing potential reversal or rebound opportunities. The current market sentiment is leaning towards panic, and price action shows bears are fully in control.
Trade here 👇 $NEO
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