The NEO market has been under quite a lot of pressure vs Bitcoin, and we can see that we are currently trading in a triangle.
I see support around 0.003 – 0.004 and resistance is currently at 0.0055.
Look for prices to consolidate above 0.0055 should you wish to enter a break-out trade.
Long term view for NEO in my opinion is still bullish and we are currently finding ourselves in the buying zones. Safe trades.