$NEWT /USDT – Trade Setup
Market View:
NEWT is attempting a recovery after a sharp -7.61% drop, bouncing from the $0.3111 low. Price has reclaimed $0.3250 and is showing signs of upward momentum, but faces resistance near $0.34–$0.35. If bulls hold above $0.3220, continuation to higher levels is possible.
Long Setup
Entry: $0.3240 – $0.3270
Target 1: $0.3400
Target 2: $0.3500
Stop Loss: $0.3180
Bias: Bullish short-term if momentum sustains above support.
Short Setup (If Rejected at Resistance)
Entry: $0.3480 – $0.3500
Target 1: $0.3400
Target 2: $0.3300
Stop Loss: $0.3560
Bias: Bearish only if rejection occurs with rising sell volume.
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