$NEWT /USDT – Coiling for a Breakout? 🟣
$NEWT is hovering at $0.3388 (-3.64%), showing signs of consolidation after bouncing off the 24H low of $0.3307. EMAs are tightly packed on the 15-min chart, and price is testing near EMA(99) at $0.3416. A squeeze breakout may be coming.
📈 Long Setup:
Entry: $0.3380 – $0.3420
TP1: $0.3460
TP2: $0.3510
TP3: $0.3560
SL: $0.3330
📉 Short Setup (if rejection at resistance):
Entry: $0.3430 – $0.3450
TP1: $0.3360
TP2: $0.3320
TP3: $0.3285
SL: $0.3480
Why I'm In:
Volume's decent (164M+ NEWT), and the price is pinched between EMAs—perfect storm for a breakout play. Watching closely if $0.342+ holds for a clean upside.
