🚨 $NEWT /USDC Breakout Brewing – Triangle Squeeze Ready to Explode!
The price of $NEWT is tightening within a descending triangle on the 1h chart, showing signs of an imminent breakout. With bulls defending the $0.376 support zone and pressing against the upper resistance line, a breakout could fuel a sharp move upward.
Current Price: $0.3876
Support: $0.3760
Resistance: $0.3980
Trade Setup (Bullish Bias):
Entry: $0.3875 – $0.3900 (on breakout confirmation)
Stop Loss: Below $0.3860
Targets:
TP1: $0.4320 (initial breakout zone)
TP2: $0.4680 (volume gap zone)
TP3: $0.4984 (measured triangle target)
Watch closely — a confirmed breakout could trigger strong momentum. Tight range = big move ahead!
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