$NEWT /USDT BULLISH MOMENTUM SURGING 🚀 | TECHNICAL ANALYSIS INSIGHT
📈 Current Price: $0.4810 (+60.33%)
NEWT just exploded with over 60% gains, attracting major trader attention. Volume is pumping, and the price is sitting near local highs. A continuation move could be in play if support holds strong. Let’s dive into the key levels and setup 👇
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🔑 Key Levels to Watch:
Resistance Levels:
🔺 $0.6000 – Minor resistance
🔺 $0.7000 – Key breakout zone
🔺 $0.8600 – 24H High and major resistance
🔺 $1.0000 – Psychological resistance level
Support Levels:
🟢 $0.4400 – Immediate support below current price
🟢 $0.3800 – $0.3300 – Demand zone
🟢 $0.3000 – 24H Low, strong support
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📊 Trade Setup:
📥 Long Entry: $0.4800 – $0.4900 (on retest confirmation)
🎯 Targets (TP):
TP1: $0.6000
TP2: $0.7000
TP3: $0.8600
🛑 Stop Loss (SL): $0.4300 (below key support)
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🛡️ Risk Management:
Stick to 1–2% risk per trade, use tight SL, and always position for a minimum 1:2 R:R ratio to stay profitable long-term.
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🔥 Momentum is on the bull's side – eyes on NEWT!
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