【
$NEO Signal】Long | Volume and Price Rise Together Breakout Pattern
$NEO Price accompanied by a significant increase in open interest, showing a healthy breakout pattern driven by major players entering the market.
🎯Direction: Long
🎯Entry: 3.08 - 3.12
🛑Stop Loss: 2.95 (Rigid Stop Loss)
🚀Target 1: 3.35
🚀Target 2: 3.50
The price rising in sync with open interest is a typical bullish signal indicating active accumulation by buyers, not a short squeeze. The current price has broken out of the previous consolidation zone, with good buying support and no significant supply above. The stop loss