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Join Our Telegram channel to stay up to date on breaking news coverage Can NEO Decline Below $7.3 Support Level? NEOUSD Price Analysis – October 18 When the bulls increase their momentum, resistance level of $7.9 may be penetrated, which may increase to $8.8 and $9.3 resistance level. Failure to break up $7.9 resistance level by the bulls,  NEO may result to bearish movement towards $7.3, $6.2 and $5.0 levels. Key Levels: Resistance levels: $7.9, $8.8, $9.3 Support levels: $7.3, $6.2, $5.0 NEO/USD Long-term Trend: Bearish NEO/USD is on the bearish movement on the long-term outlook. The bearish movement commenced on 13 August at the high of $11.2. The resistance level of $11.2 withstand the bullish pressure. The bears acquire more momentum and the coin is pushed below the $9. 3 price level where it extends to $7.9 support level. Bulls made attempt to pull back the price but bears prevailed. The price penetrated the support level of $7.9 and $7.3 level was tes...