NEO Could Find Strong Support at $7-10
Neo (NEO) is up 1.7% this week to $11.06, outperforming the broader crypto market, where Bitcoin (BTC) is down 1.0% to $96,112. However, NEO’s upside momentum remains fragile. The altcoin has erased all of its Trump-driven rally gains, losing about 39% in early February before stabilizing at the $10.00 support level.
The key support zone now stands at $7.00–$10.00, forming a strong foundation for potential rebounds. Neo continues to develop its ecosystem, recently announcing an integration with @Supra_Labs. However, lacking strong positive catalysts, NEO remains dependent on broader market sentiment. While the $10.00 support could hold, further gains will likely require a renewed Bitcoin rally.
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