🟢 $NEWT /USDT LONG TRADE SETUP : OVERSOLD BOUNCE — BULLS TESTING SUPPORT 🚀
🎯 Entry Zone: 0.2230 – 0.2260
💰 TP1: 0.2315
💰 TP2: 0.2380
💰 TP3: 0.2460
🛡️ Stop Loss: Below 0.2180
⚙️ Leverage: 3x–5x
Trade $NEWT Here
📈 MARKET OUTLOOK:
- ✅ Price stabilizing near 0.2189 (24h low) after sharp drop — support zone active
- 📊 RSI(6) at 33.5 = oversold territory — bounce potential rising
- 📉 MACD histogram flattening — early signs of reversal
- 📍 Price below EMA(9) and EMA(21) — recovery setup forming
- 🔄 If price holds above 0.2240, expect push toward 0.2315+
💡 WHY THIS SETUP WORKS:
- 🔄 Bounce from 24h low = low-risk long entry
- 🧠 Indicators show exhaustion in selling pressure
- 📈 Volume steady — buyers may step in for short-term recovery
- 🛡️ SL below 0.2180 keeps risk tight and defined
- 🎯 Targets align with previous resistance zones and breakout levels