$NEWT LONG TRADE SIGNAL🟢
BREAKOUT FROM DOWNTREND STRUCTURE ✅
BULLISH REVERSAL CANDLE FROM KEY SUPPORT ⚡
$NEWT has broken above the descending channel with a strong bullish engulfing candle from the $0.3828 zone, confirming a reversal from the local bottom. Price reclaimed the $0.40 handle and is now testing minor resistance at $0.4079. A clear move above $0.4080 opens the door to $0.4198 and $0.4261.
TRADE SETUP:
• Entry Point: $0.4000 – $0.4040
• Stop Loss: $0.3902
• Take Profit:
• TP1: $0.4198
• TP2: $0.4261
• Margin: 2–3%
• Leverage: 10x
Market Outlook: If bulls sustain above $0.4080, this breakout could accelerate toward mid-range resistance, targeting the upper consolidation boundary. Strong momentum in play.
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