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  • NEO price remained on the back foot Monday, with losses almost up to 4%.
  • NEO/USD was saved from further downside from a strong near-term demand zone, $31.40-32.15.

 

NEO/USD 60-minute chart

 

Spot rate:                    32.21

Relative change:        -3.80%

High:                           33.50

 

Low:                            31.37
 

Trend:                         Bearish

 
 

Support 1:                  31.37, 24th July & today’s (Monday) low.  

Support 2:                 30.30, 12th July low.

Support 3:                  30.00, psychological support.  

Resistance 1:             32.84,  (resistance on 60-minute chart).  

Resistance 2:             33.87,  (resistance on 60-minute chart).  

Resistance 3:             34.75, supply zone entrance.