With the current drop in cmc and seeing neo's price barely dropping shows me that there aren't many people willing to sell at these prices. The RSI & Bollinger Bands are also on the lower end, normally it's a good signal to buy into your favorite coin. This is not financial advice.
If you're looking to trade this, make sure to set your stop loss. I personally will be laddering down if it goes lower, the Risk to reward ratio is too good to pass up.