$NEWT /USDC BULLISH BREAKOUT – UPSIDE MOMENTUM BUILDING 🚀
$NEWT is trading at 0.0733, rebounding from the 24h low of 0.0651. Price is above MA(7), MA(25), and MA(99), showing solid support across short- and medium-term timeframes. MACD indicates early bullish momentum (DIF above DEA), signaling that buyers are stepping in. Immediate resistance lies around 0.0766–0.0771, which, if broken, could trigger a sharp bullish run.
📈 Trade Setup
Entry Zone (Buy the Dip): 0.0720 – 0.0733
Breakout Entry: Above 0.0771 (confirmed close above resistance)
Take Profits: TP1: 0.0785 | TP2: 0.0800 | TP3: 0.0815
Stop Loss: 0.0700 (below MA25 & key support)
🔎 Short Market Outlook
Momentum is bullish with accumulation near MA25. Sustaining above 0.0700 maintains the bullish trend, while a breakout above 0.0771 could accelerate gains toward 0.080–0.0815. Volume patterns suggest active buying interest.
Trend: Bullish
Bias: Buy dips / Trade breakout
Key Levels: 0.0771 resistance | 0.0700 support
#NEWT #CryptoTrading #AltcoinMomentum #TechnicalAnalysis #BreakoutSetup