$NEO must surpass the critical $20 level to kickstart a strong upward movement. This resistance acts as a key barrier, and breaking through it could signal the beginning of a new bullish phase. China's stance on #cryptocurrencies plays a significant role in Neo's trajectory, given its origins and strong ties to the region. Any supportive regulatory developments or positive sentiment from China could further boost its momentum. #Neo is also positioning itself as a contender in the smart contract and blockchain eco_, potentially following $ETH ’s lead. With market conditions aligning, Neo might emerge as a strong performer in the crypto space.