Where NEO Stands Right Now
NEO is currently trading around $3.48, down about 2.4% over the past day. If you look at the four-hour chart, the picture isn’t exactly encouraging—the Relative Strength Index sits at roughly 33.8, which puts it in oversold territory. That usually means one of two things: either we’re about to see a bounce as bargain hunters step in, or the selling pressure still has room to run before things stabilize.
The MACD indicator is also worth noting. It’s sitting just below its signal line with a tiny negative reading, which suggests the bearish momentum is fading but hasn’t reversed yet. Think of it like a car that’s stopped accelerating downhill—it’s still rolling, just not picking up speed anymore.
Beyond the charts, NEO has been going through some structural growing pains. The old Neo Legacy network officially shut down in late October 2025, pushing everyone over to Neo N3. Migrations like this always create friction, and the market’s been digesting that transition. On the upside, there’s some buzz around new partnerships in AI and Web3 spaces, though regulatory uncertainty in China and Hong Kong continues to cast a shadow over sentiment.
The Technical Landscape & Key Price Levels
Looking at the daily pivot points, NEO’s central pivot sits near $3.49. That’s essentially the line in the sand for the short term. Above that, you’ve got resistance levels stacking up at $3.55, $3.61, and $3.67. Below, support zones are marked at roughly $3.43, $3.37, and $3.31.
Right now, the price is hovering just under that pivot, which tells you bulls need to step up if they want to flip the script. The four-hour moving averages paint a similar picture—the Simple Moving Average is around $3.70, with the Exponential Moving Average at about $3.69. Since NEO is trading below both, the short-term trend leans bearish.
That said, the oversold RSI does leave the door open for a relief rally. Momentum isn’t aggressively pushing downward anymore; it’s more of a slow bleed at this point. Whether that exhaustion turns into a bounce or just a pause before another leg down will depend on what happens at these key levels in the next day or two.
What Could Happen Next
If the Bears Stay in Control
If NEO can’t reclaim that $3.49 pivot and push back above the moving averages in the next 12 to 24 hours, we’re probably headed lower. The first stop would be support around $3.43, followed by $3.37 if that doesn’t hold. In a worse-case scenario where broader market sentiment turns sour, there’s a real possibility of testing the $3.30 zone within the next few days. Buyers would need to show up with serious volume to prevent that slide.
What a Turnaround Would Look Like
For a genuine reversal, NEO needs to break back above the pivot with conviction—ideally on higher volume—and get the RSI climbing back toward 40 or above. If that happens and the price can punch through the four-hour moving average near $3.70, suddenly the mood shifts. From there, resistance at $3.55 and $3.61 come into play. Clear those, and a run toward $3.70 to $3.80 over the next week becomes realistic. But this scenario depends heavily on sentiment improving, either from positive news around the Neo N3 ecosystem or a broader market lift.
Time Horizons to Watch
Next 24 to 48 hours: Expect choppy action between the pivot at $3.49 and support at $3.43. A clean close above $3.49 could spark a test of $3.55. Drop below $3.37, though, and $3.30 comes into view pretty quickly.
Over the next week: If selling pressure keeps up, the downside risk sits around $3.30 to $3.35. On the flip side, if buyers can hold and build on a bounce, we might see a short squeeze push toward $3.70. Watch for the MACD to turn positive and the RSI to break back above 40—those would be early confirmation signals.
Looking a month out: The broader trend is still bearish, to be honest. Most analysts expect consolidation or a slow drift lower unless something fundamentally changes. You might see brief rallies toward $3.80, but there’s a thick wall of resistance sitting between $4.50 and $6.00 from the longer-term moving averages. Breaking through that without a major catalyst seems unlikely right now.
Bottom Line
NEO is caught in a tug-of-war. The technicals show oversold conditions that could spark a bounce, but the overall structure and overhead resistance make any meaningful rally an uphill battle. If you’re trading this, keep your eyes glued to that $3.49 pivot and the moving averages. Hold above them, and you’ve got a shot at some relief. Fail, and we’re probably grinding down toward $3.30 or lower. Longer term, fundamentals like the success of the N3 migration and real traction in AI partnerships will matter more than chart patterns. Until those pieces fall into place, it’s smart to tread carefully.
