$NEWT
USDT BULLISH REVERSAL – STRONG BUY ZONE IDENTIFIED 🟢
$NEWTUSDT has shown a clean rejection from its recent low, forming a potential bullish reversal pattern on the 1H timeframe. Buyers are stepping in with increasing momentum after consistent sell-offs, hinting at a possible short-term upside rally.
🔑 Key Levels
Support: $0.3526 (24h low)
Resistance: $0.4022 (24h high)
Current Price: $0.3823
🎯 Trade Setup (Long)
Entry Zone: $0.3800 – $0.3850
Take Profit 1: $0.3950
Take Profit 2: $0.4020
Stop Loss: $0.3690
📈 Short Market Outlook The market shows recovery from its oversold condition with a potential bullish engulfing structure building. Breaking above the $0.3900 psychological level can trigger rapid buying towards resistance. However, failure to hold above $0.3800 may result in a retest of recent lows.
⚠️ Risk Management Trade with 2-3% of your wallet per setup. Always use stop-loss to protect capital, especially in volatile low-cap coins.
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buy and trade here on $NEWT