【$NEO Signal】Ambush the Rebound! 1H Oversold + 4H Support, Main Players' Market Protection Signs Emerging

$NEO 1H timeframe has entered oversold zone, price found initial support near 2.533, 4H timeframe is testing key EMA50 moving average. Despite short-term decline, open interest remains stable with no panic selling, suggesting main players may be protecting the market. 1-hour RSI has dropped to 31, indicating technical rebound demand. Order book shows buy depth significantly thicker than sell side, with massive buy orders accumulated in 2.52-2.523 zone below, forming strong support area.

🎯Direction: Go Long (Pullback limit order ambush)

⚡Entry/Limit Orders: 2.519 - 2.523

🛑Stop Loss: 2.484

🚀Target 1: 2.683

🚀Target 2: 2.762

🛡️Trade Management:
- Execution Strategy: Once price reaches Target 1, reduce position by 50% to lock in profits, and move stop loss of remaining position up to entry price. If price fails to break 2.55 and falls back into entry zone again, consider it weakness and exit decisively.

Deep Logic: Current price decline but stable open interest, combined with negative funding rate, suggests passive long liquidation rather than main player active selling. Recent 1-hour candle shows long lower wick, indicating buy orders below are starting to absorb. On 4-hour chart, price is retesting EMA50 moving average (around 2.57) and upper edge of previous consolidation zone, if it stabilizes here, it will form multi-timeframe resonance support. Current market logic suggests monitoring open interest changes, with stable OI being the key signal for rebound.

View Live Charts 👇 $NEO
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