#NEOUSDT is back at its historical demand zone!

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#NEOUSDT is back at its historical demand zone!NEO / TetherUSBINANCE:NEOUSDTCryptoAnalystSignal#NEO The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 1.70, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 1.82 Target 1: 1.85 Target 2: 1.88 Target 3: 1.92 Stop Loss: At the resistance zone in green Remember this simple rule: Money management. Any questions? Please leave a comment. Thank you.