【NEOUSDT Signal】Long: Volume Surge Breakthrough Followed by Pullback Consolidation, Healthy Fund Structure

On the 4-hour level, $NEO completed a key breakthrough on March 15, 08:00-12:00 (UTC). Price surged from 2.579 to a high of 3.068, with trading volume spiking to 19.05 million, far exceeding previous averages. Following the breakthrough, price entered a volume contraction pullback phase, with the latest 4-hour candle volume shrinking to 3.31 million, and a buy/sell ratio of 0.47 indicating selling pressure release. On the daily level, price has broken above the descending trendline resistance that has been in effect since February 15.

🎯 Direction: Long

⚡ Entry: 2.840 - 2.860

🛑 Stop Loss: 2.728

🚀 Targets: 3.142 / 3.308

🛡 Strategy: Reduce position by half when first target is reached, move stop loss of remaining position to entry price.

Logic: The chart exhibits a standard whale pump-then-washout structure. The initial massive surge (19.05 million trading volume) represents genuine capital inflow, not merely price manipulation for distribution, as open interest (OI) did not show a sharp decline during this period. The subsequent volume contraction (volume shrinkage exceeding 80%) indicates floating chips are being washed out with selling pressure exhausted. Depth data reveals buy orders accumulating over 55,000 units in the 2.840-2.836 zone, forming solid support. The current -0.15% negative funding rate, though minimal, will persistently increase short holder costs if sustained, providing fuel for subsequent upside. The path of least resistance points upward, with whales' intent being to liquidate momentum traders then launch an assault toward the first target at 3.142 (near previous high).

View Real-time Chart 👇 $NEO
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