NEO is currently trading at $3.57, reflecting a slight decline of 2.46% over the last 24 hours, with a daily range between $3.51 and $3.66. The trading volume stands at 6,776,276, contributing to a market cap volume ratio of 2.70%, indicating moderate trading activity relative to its market capitalization.

Technical indicators show mixed signals; the 1-hour RSI is at 39, suggesting a potential oversold condition, while the 7-day RSI is at 48, indicating a neutral sentiment. Short-term moving averages reveal a bearish trend with the 13 SMA at $3.58 and 21 SMA at $3.59 both showing negative movement, while the 8 SMA is slightly positive at $3.56, indicating recent price stabilization.

From a fundamental perspective, NEO's recent price action reflects a significant decline of approximately 14.74% over the past 14 days, and a steeper drop of nearly 17.60% over the past month. This negative momentum coincides with a broader market trend where many altcoins are experiencing downward pressure, contributing to NEO's struggle to reclaim higher price levels.

Given the current technical and fundamental analysis, NEO is showing signs of potential short-term recovery due to the oversold RSI, but long-term trends remain negative. Therefore, the recommendation is to Hold NEO for now, as the potential for short-term gains exists, but caution is advised given the overall bearish sentiment and significant historical declines from its all-time high of $198.38.