NEO is currently trading at $3.56, reflecting a slight 24-hour decline of 1.84%. The price has maintained a daily range of only 0.07%, indicating limited volatility and a lack of significant trading momentum in the short term.

The trading volume stands at 5,593,911, which represents 2.23% of the market cap, suggesting moderate interest but insufficient buying pressure to drive price increases. The hourly moving averages show a bearish trend, with the 8 SMA at $3.58 down 0.65% and the 144 SMA at $3.63 down 1.98%, indicating a consistent downward trajectory over various timeframes.

The Relative Strength Index (RSI) readings further support the bearish sentiment, with the 1-hour RSI at 32, indicating oversold conditions, while the 7-day RSI of 47 suggests a potential for weakness but not yet an oversold condition. Over the past week, NEO has dropped by approximately 11.67%, and the 14-day and 30-day price changes show declines of 13.19% and 12.84%, respectively, reflecting a broader downtrend.

Given the lack of bullish signals in both the technical indicators and recent price performance, NEO appears to be struggling to gain upward traction. While the asset remains far below its all-time high of $198.38, the current market conditions do not favor a rebound in the near term.

Considering the overall market sentiment, technical indicators, and recent price history, a cautious approach is warranted. Therefore, the recommendation is to Hold, as the asset may stabilize at current levels but lacks strong momentum for a short-term buy.