$NEWT /USDT – BEARS LOSING GRIP, BULLS EYEING BOLLINGER BREAKOUT
Price action is recovering from the lower Bollinger Band, bouncing near $0.3363 support. Candles are now pressing against the mid-band ($0.3423), signaling a potential bullish reversal if the price holds above this level. The narrowing bands indicate a possible volatility expansion — and bulls seem ready to take the lead.
📌 Trade Setup (Long):
• Entry Zone: $0.3410 – $0.3430
• Take Profit 1: $0.3465
• Take Profit 2: $0.3510
• Stop Loss: $0.3370
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Market Outlook:
Momentum is shifting bullish after multiple rejections at lower levels. A clean break above the mid-Bollinger band will open up space for a short-term push toward upper resistance. Volume confirmation will be key for sustained move.
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