$NEWT
USDT BULLISH REVERSAL CONFIRMED – READY FOR AN EXPLOSIVE MOVE UP
$NEWTUSDT is currently trading at $0.4097 with a strong +14.96% gain today. After forming a solid bottom near $0.3526, price has broken above recent resistance levels, indicating a reversal pattern that can fuel further bullish momentum.
🔑 Key Levels:
Support: $0.3900
Resistance: $0.4100 (immediate), $0.4300 (major breakout level)
📈 Trade Setup (Long):
Entry Zone: $0.4000 – $0.4100
Take Profit Targets:
TP1: $0.4200
TP2: $0.4300
TP3: $0.4500
Stop Loss: $0.3850
🌐 Market Outlook: The market has shown a V-shaped recovery with strong buying pressure visible in the last green candle. Volume is supportive, indicating confidence in this reversal. Sustaining above $0.4100 could initiate a rapid breakout towards $0.43 and beyond.
⚠️ Risk Management: Use strict SL below $0.3850 to manage downside risk. Adjust position sizing according to your portfolio to protect capital against sudden volatility.
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