$NEWT USDT BULLISH REVERSAL – READY TO CLIMB BACK ABOVE $0.42 🚀🦎
$NEWT USDT is up +7.8% today, currently trading at $0.3938 after a long downtrend and forming a base on the 4H chart. Buyers are stepping in, indicating a potential bullish reversal from the oversold zone.
🔑 Key Levels:
Support: $0.3700
Resistance: $0.4200
Current Price: $0.3938
🎯 Trade Setup (Long Entry):
Entry Zone: $0.3900 – $0.3950
Targets:
TP1: $0.4150
TP2: $0.4300
Stop Loss: $0.3660
📊 Market Outlook: Price has stabilised after the heavy sell-off and is now showing signs of a reversal with higher lows building up. Sustained holding above $0.3900 will keep momentum strong for a move towards the $0.42 – $0.43 resistance zone.
⚠️ Risk Management: Always risk only 1-2% per trade. Use SL to protect capital from sudden reversals.
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