✅ Bullish Signal for $NEWT Traders🔥
SAR Flip: The SAR (yellow dots) indicator has just flipped below the price, suggesting a bullish trend reversal. This is often a signal for a long entry.
Breakout Attempt: Price has broken above previous consolidation ($0.39 range) with strong green candle – momentum building.
Volume is surging, supporting the move.
❌ Resistance Levels:
$0.4034: Immediate resistance.
$0.4138: 24H high and recent swing high – major breakout zone.
$0.42 - $0.43: Psychological resistance.
✅ Support Levels:
$0.3756: Recent 24H low.
$0.3630: Next support from previous consolidation.
$0.3526: Swing low from June 27 (strong support).
Trade (Short-Term): $NEWT
Entry: $0.398 – $0.403
Target 1: $0.4138 (TP1)
Target 2: $0.43 (TP2)
Stop-Loss: Below $0.375
> Risk/Reward Ratio is favorable for short-term scalpers and intraday traders.
Some Fundamentals of NEWT
NEWT is the native token of NewTraDeFi, an emerging DeFi protocol on Binance Smart Chain, focusing on:
Decentralized trading tools
AI-powered trading bots
Yield optimization strategies
Staking and farming mechanics
Use Case: Utility within the NewTraDeFi ecosystem (fees, governance, AI bots).