$NEWT /USDT โ LONG TRADE SIGNAL๐ข
BOUNCE FROM $0.4021 LOW SHOWS BUYER INTEREST
OVERSOLD CONDITIONS TRIGGERING SHORT-TERM REVERSAL
$NEWT has rebounded from the intraday low at $0.4021, showing signs of recovery after an extended sell-off. The price is now attempting to reclaim short-term momentum above the $0.4100 zone. Although EMAs are still bearish, this low-volume pullback presents a possible relief rally toward previous resistance levels at $0.4260 and beyond.
Trade Setup:
โข Entry Point: $0.4100 โ $0.4130
โข Stop Loss: $0.4010
โข Take Profit 1: $0.4215
โข Take Profit 2: $0.4260
โข Take Profit 3: $0.4350
โข Margin: 2โ3% of wallet
โข Leverage: 10x
Market Outlook:
Short-term bounce likely as buyers defend support and price attempts recovery. Watch for continuation above $0.4150 to confirm bullish shift.
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