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Neo project, who announced the reorganization of the project a month ago, is in the center of our attention today.
Neo (NEO).
A month ago (May 22), Neo announced the reorganization of the project. It has now become a full-fledged fund that finances promising blockchain projects. Over this month, we did not get any more clarity on the future prospects of the project. This led to a falling price for the token. All support levels have been broken, and we believe it is a good time to establish a short position. Place a stop-loss just below local maximum, or exit the position on rising volumes. The take profit target is way down at 327910 Satoshi and 212210 Satoshi. This is a popular token, traded on many exchanges, including Binance, Bittrex, Bitfinex. The daily trading volume is about $70m.
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