$NEWT USDT SHOWS HIGH VOLATILITY AFTER SPIKE — BULLISH CONTINUATION POSSIBLE IF SUPPORT HOLDS
NEWTUSDT witnessed a massive surge followed by a deep wick rejection, but price is now stabilizing around 0.2370 on the 1h chart. If this level acts as support and consolidates above 0.2300, a second bullish leg could be on the horizon. Momentum may return rapidly if volume builds again
Trade Setup: Long Trade Signal 🟢
Entry Point: 0.2350 – 0.2400
Stop Loss: 0.2240
Take Profit: 0.2650 / 0.2900
Margin: 2-3% of wallet
Leverage: 10x
Short Outlook of Market:
The coin is consolidating after an explosive move. Despite the volatility, bulls are holding the line above key breakout levels. A clean breakout above 0.2450 can trigger strong upside momentum once again.
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