š„ $NEWT
USDT BULLISH REBOUND ā EYEING A STRONG UPTREND!
$NEWTUSDT has shown a powerful bullish rebound from recent lows, indicating buyers stepping back into the market with momentum to potentially push price higher towards resistance levels.
š Key Levels:
Support: 0.3400 ā 0.3380 (strong demand zone)
Resistance: 0.3550, 0.3599, 0.3650
Current Price: 0.3505
š Trade Setup (Long):
Entry: 0.3490 ā 0.3510
Targets:
TP1: 0.3550
TP2: 0.3599
TP3: 0.3650
Stop Loss: 0.3380
š Market Outlook:
The market has formed a bullish engulfing candle after consolidating near its support zone, suggesting a potential continuation to the upside if it breaks above 0.3550 resistance with volume confirmation.
ā ļø Risk Management:
Risk only 1-2% of your capital per trade. Always use a stop loss to protect against unexpected market volatility and avoid over-leveraging in sideways conditions.
š¬ Comment š„ if you see this bullish momentum unfolding and follow for precise trade updates daily!
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buy and trade here on $NEWT