$NEWT — BULLS TESTING KEY RESISTANCE, BREAKOUT POTENTIAL BUILDING
$NEWT has rebounded from the $0.3103 support zone and is now pushing against the short-term EMA25 resistance at $0.3155. A sustained close above this level could open the door for a quick rally toward $0.3210–$0.3250. Buyers are gradually regaining control, but volume confirmation will be key for a clean breakout.
Trade Setup (Short-Term)
Type: Long
Entry: $0.3150 – $0.3165
Target 1: $0.3210
Target 2: $0.3250
Stop Loss: $0.3120
Market Outlook:
Momentum is shifting in favor of the bulls, but the price needs to break and hold above $0.3165 to trigger stronger buying. Watch for increased volume near breakout zones for confirmation of the next leg higher.
#NEWT #CryptoTrading #Altcoins #Binance #TechnicalAnalysis
buy and trade here on $NEWT