$NEWT USDT SHOWS SIGNS OF LIFE — RELIEF RALLY OR DEAD CAT BOUNCE?

$NEWTUSDT has bounced sharply from the $0.3126 low and is now testing the 25MA resistance. While the short-term momentum has flipped bullish, the price is still under the 99MA ($0.3321), suggesting this could be a temporary recovery unless bulls manage a clean breakout above it. Watch price action closely around $0.3230.

🔼 Trade Setup (LONG):

Entry Zone: $0.3180 – $0.3215

Take Profit 1: $0.3265

Take Profit 2: $0.3318

Stop Loss: $0.3149

📊 Market Outlook:

NEWT is attempting to reclaim its lost ground after strong bearish pressure. Momentum is improving on the 15-min chart, but the overall structure remains fragile. A break above $0.3320 is crucial for any sustained upside. Until then, this move is best treated as a counter-trend play.

#NEWTUSDT #CryptoTrading #AltcoinRally #TechnicalAnalysis #BinanceSignal

buy and trade here on $NEWT