$NEWT /USDT BULLISH ANALYSIS

The chart of NEWT/USDT is showing strong bullish momentum as the price is trading at 0.2882 USDT (+11.53%) on the 15m timeframe. A sharp breakout rally can be seen with strong green candles and increasing volume.

Key Levels:

Support (S1): 0.2800

Support (S2): 0.2650

Resistance (R1): 0.2915 (24h high)

Resistance (R2): 0.3000 (psychological level)

Trade Setup:

Long Entry Zone: 0.2850 – 0.2880 (on dips)

Targets (TP):

TP1: 0.2915

TP2: 0.2980

TP3: 0.3050

Stop Loss (SL): 0.2760 (below recent support)

Risk Management:

Always risk only 2-3% per trade. Since NEWT is showing sharp moves, use a trailing stop to lock in profits if the rally continues.

NEWT is currently in discovery mode after a strong breakout. If it sustains above 0.2850, we may see continuation towards 0.3000+.

Do you want me to also make a bearish scenario in case NEWT rejects strongly from 0.2915 resistance?

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