$NEWT – STRONG BOUNCE FROM LOCAL LOWS – LONG TRADE SIGNAL

$NEWT found support at 0.3856 and is now bouncing with strength after a sharp intraday drop. The price action has reclaimed the previous breakdown candle, suggesting a reversal attempt with potential upside continuation toward key resistance zones.

Trade Setup:

Long Entry: 0.3910 – 0.3925

Target 1: 0.3970

Target 2: 0.4040

Stop Loss: 0.3860

Short Outlook:

Momentum is shifting back to the upside after reclaiming 0.3900. A clean push above 0.3970 could extend the rally, but failure to hold the bounce may re-expose downside.

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