Bullish Reversal – Strong Buy Zone Confirmed

$NEWTUSDT has shown a significant rebound from recent lows, forming a potential bullish reversal pattern on the 1-hour chart. After continuous selling, buyers are gradually increasing, suggesting a possible short-term rally.

🔑 Key Levels

Support: $0.3526 (24-hour low)

Resistance: $0.4022 (24-hour high)

Current Price: $0.3908

🎯 Trade Setup (Long)

Entry Range: $0.3800 – $0.3850

Take Profit 1: $0.3950

Take Profit 2: $0.4020

Stop Loss: $0.3690

📈 Short-term Market Outlook The market is recovering from an oversold state and is forming a potential bullish engulfing pattern. A breakout above the psychological level of $0.3900 may trigger rapid buying towards the resistance level. However, failure to maintain above $0.3800 may lead to a retest of recent lows.

⚠️ Risk Management Use 2-3% of your wallet for each trade. Always use stop losses to protect capital, especially in highly volatile low market cap coins. $NEWT $WCT