The $NEO /USDT pair is currently trading at $12.29, up 7.62% in the last 24 hours. The price has been on an upward trend since the recent dip below $9.79.

Support and Resistance Levels:

Support: The immediate support level is at $11.16, which is the recent low. The next support level is at $9.79, the recent swing low.

Resistance: The current resistance level is at $12.33, the recent high. The next resistance level is at $12.52, which is the previous high.

Entry Signal:

A potential entry signal could be a break and retest of the $12.33 resistance level. If the price breaks above this level and then retraces back to it, it could be a good opportunity to enter a long position.

Risk Management:

As with any trade, it's important to manage risk. A stop-loss order should be placed below the recent low of $11.16 to limit potential losses. A take-profit order could be placed at the next resistance level of $12.52.

Disclaimer:

This analysis is for informational purposes only and should not be considered financial advice. It's important to do your own research before making any investment decisions.#DollarIndexHighestSinceJuly #BTCBreaks88k #HaveYouBinanced #AltCoinRush #Write2Earn!