๐ $NEWT
Approaching a Key Breakout โ Will the Bulls Take Control?
Currently trading at $0.3551, $NEWT is gaining steady upward momentum while facing short-term resistance. The upcoming move will determine if the rally pushes forward or if sellers trigger a correction. Volume will play a crucial role โ a strong increase could validate the breakout.
๐ Important Levels to Monitor
Resistance: $0.3555 โ Clearing this could lead to targets at $0.3570 and $0.3590.
Support: $0.3534 โ Falling below may drag price down to $0.3510 and $0.3480.
๐ฏ Trade Plan
Bullish Entry: Break and sustain above $0.3555
Target 1: $0.3570
Target 2: $0.3590
Bearish Entry: Drop below $0.3534
Target 1: $0.3510
Target 2: $0.3480
๐ Outlook: The bias remains bullish as long as $0.3534 holds, but expect swift volatility near resistance.