NEON is moving inside a small downtrend after failing to hold above the 0.05787 zone. Price is now sitting near 0.05417, close to its intraday low 0.05395. Market looks weak but still holding a small support base. 🔹 1H View (Key Points) Recent high: 0.05787 Intraday support tested: 0.05395 Price staying under MA levels, showing short-term weakness 🔹 4H View (Key Points) Slow downtrend continuing Buyers only reacting near 0.054–0.055 zone Needs a candle close above 0.0560 to show recovery signs 📈 My Outlook If NEON stays above 0.0539, it may attempt a small bounce. But if it breaks below this level, another push down is possible. (Just my personal opinion, not financial advice.)
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$NEON NEON Market Update (My Personal View)
NEON is moving inside a small downtrend after failing to hold above the 0.05787 zone.
Price is now sitting near 0.05417, close to its intraday low 0.05395.
Market looks weak but still holding a small support base.
🔹 1H View (Key Points)
Recent high: 0.05787
Intraday support tested: 0.05395
Price staying under MA levels, showing short-term weakness
🔹 4H View (Key Points)
Slow downtrend continuing
Buyers only reacting near 0.054–0.055 zone
Needs a candle close above 0.0560 to show recovery signs
📈 My Outlook
If NEON stays above 0.0539, it may attempt a small bounce.
But if it breaks below this level, another push down is possible.
(Just my personal opinion, not financial advice.)