$NEWT /USDT BULLISH ANALYSIS
Currently, $NEWT/USDT is trading at 0.2757, up +7.11% in the last 24 hours, showing strong bullish momentum after bouncing from its daily low.
Key Levels
Resistance 1: 0.2800 (minor intraday barrier)
Resistance 2: 0.2922 (24h High & strong resistance)
Support 1: 0.2700 (nearby support)
Support 2: 0.2546 (24h Low & strong demand zone)
Market Outlook
The price surged strongly earlier, hitting 0.2922, before retracing to the 0.2750 zone, which is now acting as a short-term support. If buyers hold this level, momentum could push price back to 0.2800 and above. Sustaining above 0.2800 will open the way toward 0.2920 retest.
Trade Setup
Long Entry: 0.2740 โ 0.2760
Take Profit (TP):
TP1: 0.2800
TP2: 0.2880
TP3: 0.2920 (strong resistance zone)
Stop Loss (SL): 0.2680 (below immediate support)
Risk Management
Risk only 1-2% of total capital per trade.
Book partial profits at TP1 and move SL to entry for a risk-free setup.
Avoid chasing if price breaks 0.2920 without a pullback.
๐ $NEWT is showing bullish continuation signs, but a breakout above 0.2800 will be key for further upside.
Would you like me to also outline a bearish scenario in case it fails to hold above 0.2750?
#TrumpFamilyCrypto #SaylorBTCPurchase #GoldPriceRecordHigh #USNonFarmPayrollReport #RedSeptember $NEWT