- NEO price was seen nursing losses of around 2% in the latter stages of trading on Friday.
- Near-term reversal eyed for NEO/USD, hammer candlestick seen on the 60-minute chart.
NEO/USD 60-minute chart
Spot rate: 27.68
Relative change: -2.01%
High: 28.23
Low: 26.63
Trend: Bearish
Support 1: 27.00, demand zone entrance.
Support 2: 26.63, today’s (Friday) low.
Support 3: 26.35, (support on 60-minute chart).
Resistance 1: 28.22, 50MA.
Resistance 2: 29.00, supply area.
Resistance 3: 29.40, 100MA.