NEO Technical Analysis: NEO/USD big under performer down 7%, at threat of giving up $30 territory
|- NEO price slammed a big 7% on Friday, with price looking vulnerable in the latter stages of trading.
- NEO/USD has been trading in the red for three consecutive sessions, losing steam at the start of the week.
- On a weekly, the price is looking to close the week down, after an initial promising start to the week.
NEO/USD 60-minute chart
Spot rate: 33.48
Relative change: -6.90%
High: 35.96
Low: 33.04
Trend: Bearish
Support 1: 33.05, (support on 60-minute chart).
Support 2: 31.97, 11th July low.
Support 3: 31.00, demand zone.
Resistance 1: 34.00, (resistance on 60-minute chart).
Resistance 2: 35.75, 50MA.
Resistance 3: 36.00, supply zone.
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