$NEWT /USDT — SIDEWAYS RANGE TESTS RESOLVE, BREAKOUT IMMINENT
$NEWT has been trading between 0.3238 and 0.3287 on the 15-min chart after a brief pullback from its 0.3433 high. Current price action suggests consolidation before a possible breakout move, with bulls needing a push above 0.3290 for upside continuation, while a break below 0.3230 could invite fresh selling.
Trade Setup:
Type: Long (on breakout)
Entry Zone: 0.3290 – 0.3300
Take Profit 1: 0.3345
Take Profit 2: 0.3380
Stop Loss: 0.3230
Market Outlook:
Momentum is neutral but leaning slightly bullish as higher lows hold. A decisive break above resistance could trigger a quick upside push, while weakness below 0.3230 would shift sentiment back to bearish in the short term.
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buy and trade here on $NEWT