The price is still in the descending channel
. We expect a new bounce from the 0.786 Fib support level
right to the major resistance level
of 0.5Fib around 0.000812. If the price overcomes the resistance then our signal is still in power otherwise sell NEOS
at the breakeven point between 0.000730-770.
indicates oversold zone however various oscillators and moving averages tell to sell the coin.