Here is your professional technical analysis post for the given NEWTUSDT chart:
$NEWT USDT BULLISH CONSOLIDATION BEFORE NEXT PUSH ā BUYERS PREPARING FOR TAKEOFF?
NEWTUSDT is consolidating just above the MA(99) after a strong rally to 0.4250. Current price at 0.4014 is holding near MA(25) support, suggesting buyers are absorbing selling pressure before the next upward leg.
š¹ Trade Setup (LONG):
Entry Zone: 0.398 ā 0.403
Take Profit 1: 0.415
Take Profit 2: 0.425
Stop Loss: 0.393
š” Market Outlook:
Momentum remains bullish above the 0.395 support zone. If price reclaims 0.405 strongly, a quick retest of the 0.4250 high is likely. However, failure to hold MA(99) could lead to deeper pullbacks towards 0.385.
ā ļø Risk Management:
Use tight stops below support and do not over-leverage as price is near previous resistance zones.
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