$NEWT Price has bounced strongly from the 0.077 demand zone with visible buyer absorption.
Short-term momentum flipped bullish as price reclaimed the fast moving averages.
Pullback into MA support shows sellers weakening and buyers defending structure.
Overall structure suggests a corrective pullback within a broader recovery move.
Trade Setup: Long
Entry Zone: 0.0880 – 0.0900
Target 1: 0.0935
Target 2: 0.0968
Target 3: 0.0995
Target 4: 0.1030
Stop Loss: 0.0855
Risk should be managed strictly as price approaches higher timeframe resistance.
Do your own research before taking any trade.
#newt