- NEO is down 5% in the latter stages of trading on Wednesday, failing to break down resistance.
- A chunky supply zone can be seen between $40-41.25. NEO/USD lost ground at the highs of the session $40.81.
NEO/USD 60-minute chart
Spot rate: 37.36
Relative change: -5.00%
High: 40.81.
Low: 36.66.
Trend: Neutral/Bearish.
Resistance 1: 40.00, supply zone entrance.
Resistance 2: 40.81, session high (Wednesday).
Resistance 3: 42.25, (resistance on 60-minute chart).
Support 1: 37.00, demand zone entrance.
Support 2: 36.65, (support on 60-minute chart).
Support 3: 35.85, 100MA.
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