Sell signal comes here from the breakout of the horizontal support on the 81 USD. That would be the first time that the price would close below this level in the whole 2018! In addition to that, we broke the mid-term up trendline (orange). What is more, on 9th of March, NEO made a daily hammer on this support (which was positive) but failed to initiate a bullish reversal. As they say: if the price does not want to go up, will probably go down.
43 USD – that level seems like a reasonable place for that. That would mean almost 50% drop from current price but for cryptos, it is nothing. Most of the traders already got used to that, right?