Categories: Technical analysis

Neo Wave Analysis – 7 November 2025

Neo: ⬆️ Buy

– Neo broke key resistance level 5.50

– Likely to rise to resistance level 6.60

Neo cryptocurrency today broke the key resistance level 5.50 (former strong support from September, which stopped the previous correction (a)).

The breakout of the resistance level 5.50 was preceded by the breakout of the resistance from August and the down channel from October.

Neo cryptocurrency can be expected to rise further to the next resistance level 6.60 (target price for the completion of the active wave 2).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: NEO

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