$NEON — The Pump Isn’t the Interesting Part
The first thing I noticed on this chart isn’t the +177% move.
It’s what happened after the explosive pump.
NEON pushed from around $0.013 to above $0.055, but instead of continuing higher, price started printing a series of lower highs and gradually cooled off.
That tells me buyers still have control of the bigger move, but short-term momentum has clearly weakened.
The interesting part is the reaction around $0.034–$0.038.
Price dipped into this area, produced a sharp lower wick, and recovered back toward $0.044 before getting rejected again. That looks like buyers are defending the lower range, while sellers are repeatedly appearing around the mid-$0.04s.
So for me, this is not a chase-the-pump setup.
I want to see whether $0.037–$0.034 actually holds before getting aggressive.
Key Levels
Resistance: $0.044 – $0.046
Support: $0.037
Demand Zone: $0.034 – $0.038
Major Invalidation: $0.032
My Trade Plan
Bias: LONG ON CONFIRMATION
Entry Zone: $0.034 – $0.038
TP1: $0.044
TP2: $0.048
TP3: $0.055
Stop Loss / Invalidation: $0.032
Risk: HIGH
Why? Because NEON has already made a massive vertical move, while the 15m structure is now cooling. I would rather buy a confirmed defense of demand than chase another green candle.
If price holds $0.034–$0.037 and reclaims $0.044, the structure can start looking bullish again.
But if $0.034 breaks decisively, I’d step aside and wait for a new base.
The real question now isn't “Can NEON pump again?”
It’s “Can buyers defend the first major post-pump support?” 👀
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