BINANCE:NEOUSDT.P   NEO / TetherUS PERPETUAL CONTRACT
LONG #NEOUSDT from $20.301

30m TF. The NEO asset demonstrated local compression, where the price lows gradually increased, forming a bullish structure. This usually indicates the presence of active participants in the coin. There are distinct resistance levels, which were checked several times when participants opened positions from them and accumulated a pool of liquidity. I observe movement along these levels with an increase in volumes and activity in the order book, followed by a breakdown

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.