$NEWT /USDT Technical Outlook – Short-Term Breakout 🚀
Price surged past key resistance with a sharp bullish engulfing candle and strong volume, continuing its steep uptrend.
🎯 Targets:
Target 1: $0.52 – Retest of recent spike wick
Target 2: $0.58 – Psychological level & likely profit-taking zone
Target 3: $0.65 – Extension if momentum continues
🛡️ Support Zones:
Immediate: $0.44 (trendline + breakout zone)
Major: $0.415 (20 MA) and $0.38 (50 MA)
📈 Trend Bias: Strong bullish continuation. RSI likely nearing overbought—watch for volatility or wick traps.
🧠 Tip: If you’re riding this trend, consider scaling out partially at T1 and T2 while trailing your stop.
Not financial advice—just smart sniper strategy. 🧠💥
