$NEWT
USDT BULLISH REVERSAL IN PLAY – READY FOR A QUICK SCALP?
$NEWTUSDT is showing early signs of a bullish reversal after bouncing from the intraday support near 0.3400 and currently trading at 0.3464. The price structure has formed a potential higher low, indicating buyer interest returning at key demand zones.
🔑 Key Levels:
Support: 0.3400
Resistance: 0.3550 – 0.3600
Current Price: 0.3464
🎯 Trade Setup (Long):
Entry Zone: 0.3450 – 0.3470
Targets: TP1: 0.3520, TP2: 0.3550, TP3: 0.3590
Stop Loss: 0.3420
📈 Market Outlook: Momentum remains neutral to bullish on the 15m timeframe with possible consolidation before a push upward if buyers maintain strength above 0.3450.
⚠️ Risk Management: Always use proper position sizing. Risk only 1-2% per trade and adjust SL accordingly if market volatility increases.
buy and trade here on $NEWT
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