$NEWT /USDT BULLISH ANALYSIS
🔹 Current Price: $0.3259 (+3.79%)
Key Levels:
Support: $0.3160
Resistance 1: $0.3310
Resistance 2: $0.3385
Major Resistance: $0.3460
Price is trading above MA(25) and close to MA(7), showing strength for a bullish continuation. If momentum holds, a breakout towards higher resistance levels looks likely.
Trade Setup:
Long Entry: $0.3240 – $0.3260
Targets (TP):
TP1: $0.3310
TP2: $0.3385
TP3: $0.3460
Stop Loss (SL): $0.3160
Risk Management:
Use 2-3% max risk per trade. Adjust position size carefully and trail stop-loss as price moves upward to secure profits.
Market bias: Bullish as long as price sustains above $0.3160 support!#MarketTurbulence #HotJulyPPI #CPIWatch #ETHTreasuryStrategy #Write2Earn $NEWT