NEO/USD IS Down. What's Next???

Neo has lost more than two percent in the past 24 hour and seems to return to downside tendency as the currency pair has breached the green ascending trend line. The general situation is unclear in the moment of writing.
Let’s see what is going on the Hourly chart. NEO/USD has crossed two support areas at $56.00 and $53.20 and is currently fluctuating below $53.20. Neo has tested the resistance area twice on Monday, but failed to move higher. The possible scenarios for the currency pair are the following:
1. Red scenario (bearish). NEO/USD will develop its downside progress and cross the support area at $50.24 targeting the next support area at $48.08.
2. Orange scenario (neutral). The currency pair will stay inside the current range limited by the resistance area at $53.20 and the support area at $50.24.
3. Green scenario (bullish). Neo will break through the closest resistance area at $53.20 and run higher towards the next resistance area at $56.00.

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