$NEWT /USDT – Pullback in Progress, Watch for Reversal Setup
Current Price: $0.3104
Change Today: -3.30%
Volume: 368.57 Million NEWT
Category: AI | High Volume Coin
Why Watch NEWT Now?
NEWT is currently pulling back after reaching a high of $0.3261, but volume remains strong. The price found short-term support near $0.3034, and if it holds, we may see another bounce soon. This dip could offer a good chance for traders looking to enter on a discount before the next move up.
If price stays above $0.3030, bulls may regain control. The structure is still bullish overall as long as support levels hold. Watch closely for any bounce signals near current price levels.
Important Price Levels:
Support Zone: $0.3030 and $0.2960
Resistance Zone: $0.3168, $0.3205, and $0.3260
Spot Trade Plan:
Buy Range: $0.3060 to $0.3110
Stop Loss: Below $0.2960
Take Profit 1: $0.3168
Take Profit 2: $0.3150
Take Profit 3: $0.3200
Futures Trade Plan (Long Setup):
Entry Zone: $0.3070 to $0.3115
Stop Loss: $0.2950
Leverage: 3x to 5x (keep risk low)
Target 1: $0.3165
Target 2: $0.3220
Target 3: $0.3290
Summary:
NEWT is in a pullback phase, but still active with high volume. If price holds above key support, a rebound could follow. Traders can prepare for both spot and futures entries with proper stop-loss and gradual profit booking. Wait for a bullish candle or volume spike as confirmation.
Buy and Trade $NEWT