$NEWT
USDT BULLISH REVERSAL – READY TO PUSH HIGHER? 🚀
Key Levels:
Support: $0.3900
Resistance: $0.4200
Current Price: $0.4069
Explanation: $NEWTUSDT has bounced strongly from its recent lows around $0.3900, forming a bullish reversal pattern on the 1H chart. The price is holding above immediate support and showing strength to retest the resistance zone at $0.4200. A clean breakout above $0.4200 could open doors for higher targets.
Trade Setup (Long):
Entry: $0.4050 – $0.4100
Targets (TP):
TP1: $0.4200
TP2: $0.4250
Stop Loss (SL): $0.3970
Market Outlook: Momentum is shifting towards the bulls with strong wick rejections from the downside. If BTC remains stable, $NEWT can achieve a quick push to its resistance levels.
Risk Management: Always risk only 1-2% of your capital per trade. Stick to the stop loss to protect your funds from unexpected reversals.
buy and trade here on $NEWT
🔑 Comment 🚀 if you are ready for this breakout!
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