NEO Bearish Moment_Update

From a technical standpoint, we can't deduce a lot from NEO. The coin is seeing a slight bounce after a brutal selloff while the coin remains elevated from its low created on April 1. Notice that as NEO’s net movement continue to fluctuate around newly created season low. As historical past demonstrates, any squeeze which forms close to the lower end is a build up in progress, and at any time, there can break downwards and continue in the main trend direction.