#CryptoTrading. #TechnicalAnalysiss #Signal🚥.
📊Brief technical analysis $NEWT /USDT (15min/1h timeframe)
Current situation
• Price ≈ 0.1281 (+29.39% from the beginning of the impulse)
• Very strong vertical movement, the price has already broken through and is trading near/above the upper Bollinger band (~0.1283)
• Bollinger Bands are greatly expanded — a classic sign of extreme volatility
• Volume increased sharply on the last impulse, Open Interest also increased significantly
Key indicators
• MACD — bullish, histogram is actively growing
• RSI(6/12/24) — 89.3 / 88.1 / 84.1 - extreme overbought (especially short RSI almost 90)
• Price has significantly broken away from the middle band (~0.1095) — classic overheating
🟢Long (very risky, only scalp for continuation)
• Entry: 0.1275 – 0.1290 (only if momentum is maintained and volume is high)
• Take Profit 1: 0.1330 – 0.1355
• Take Profit 2: 0.142+ (if continuation)
• Stop Loss: 0.1230 – 0.1245 (tight)
• Risk/Reward: ≈ 1:2 – 1:3.5
• Comment: Extremely high risk. Suitable only for ultra-short scalping (5–15 min) with very small position size
🔴Short (main and much more likely scenario)
• Entry: 0.1278 – 0.1300 (on slowdown, long upper shadows or first clear bounce)
• Take Profit 1: 0.1220 – 0.1190
• Take Profit 2: 0.1140 – 0.1090
• Stop Loss: 0.1325 – 0.1340
• Risk/reward: ≈ 1:3.5 – 1:6+
• Comment: The most likely scenario is correction/fixation of profit after vertical movement + RSI >88–90. The longer the price stays overbought without new strong volume, the stronger the potential pullback
⚠️The most likely scenario for nowExtreme overbought (RSI 89+) + breaking the upper Bollinger + vertical movement - very high probability of correction in the near future. The best points for shorts are the first signs of slowing momentum, the appearance of long upper shadows and/or decreasing volume on the rise.