$NEWT Bulls Are Closing In on a Breakout
Long $NEWT (DCA Entries)
EP1: 0.0465 – 50%
EP2: 0.0455 – 30%
EP3: 0.0450 – 20%
SL: 0.0440
TP1: 0.0475
TP2: 0.0490
TP3: 0.0505
TP4: 0.0525
Why:
$NEWT is up 6.04%, trading at $0.04650 after reaching $0.04677. Price is above MA25 ($0.04522) and MA99 ($0.04442), supporting the bullish trend, while MA7 ($0.04619) provides near-term support. MACD remains positive, with DIF above DEA, and rising OI near 26.5M suggests increasing market participation. Volume has picked up during the rally but is now easing. The $0.0455–$0.0462 zone is worth watching for support. A strong breakout above $0.04677 could open the way toward $0.0478 and higher targets. A drop below the entry zone would weaken the setup.
Long $NEWT (DCA Entries)
EP1: 0.0465 – 50%
EP2: 0.0455 – 30%
EP3: 0.0450 – 20%
SL: 0.0440
TP1: 0.0475
TP2: 0.0490
TP3: 0.0505
TP4: 0.0525
Why:
$NEWT is up 6.04%, trading at $0.04650 after reaching $0.04677. Price is above MA25 ($0.04522) and MA99 ($0.04442), supporting the bullish trend, while MA7 ($0.04619) provides near-term support. MACD remains positive, with DIF above DEA, and rising OI near 26.5M suggests increasing market participation. Volume has picked up during the rally but is now easing. The $0.0455–$0.0462 zone is worth watching for support. A strong breakout above $0.04677 could open the way toward $0.0478 and higher targets. A drop below the entry zone would weaken the setup.
