【NEOUSDT SIGNAL】Long: Volume expansion breakout followed by volume contraction pullback, healthy capital structure

On the 4-hour chart, $NEO completed a key breakout between 08:00 and 12:00 UTC on March 15th. The price surged from 2.579 to a high of 3.068, with trading volume skyrocketing to 19.05 million, far surpassing the previous average. After the breakout, the price entered a phase of volume contraction and retracement, with the latest 4-hour candle volume decreasing to 3.31 million, and a buy/sell ratio of 0.47 indicating the release of selling pressure. On the daily chart, the price has broken through the descending trendline resistance that has been in place since February 15th.

🎯 Direction: Long

⚡ Entry: 2.840 - 2.860

🛑 Stop Loss: 2.728

🚀 Targets: 3.142 / 3.308

🛡 Strategy: Take half of the position at the first target; move the stop loss of the remaining position up to the entry price.

Logic: The chart shows a typical washout structure following a major accumulation by the main force. The initial large volume surge (19.05 million) indicates genuine capital inflow rather than a simple pump-and-dump, as open interest (OI) did not experience a sharp decline during this period. The subsequent volume contraction (shrinking over 80%) suggests that floating positions have been cleared out, and selling pressure has been exhausted. Depth data reveals buy orders accumulated in the 2.840-2.836 range exceeding 55,000 contracts, forming a solid support level. Although the current negative funding rate of -0.15% is slight, its persistence will increase the cost of holding short positions, fueling further upward movement. The path of least resistance points upward, with the main force aiming to clear out follow-up traders before launching an attack toward the first target at 3.142 (near previous highs).

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