📊 $NEWT/USDT Technical Outlook

$NEWT is showing strength after reclaiming the $0.069–$0.070 support zone, a key level that previously acted as resistance. The recent price action suggests:

✅ Buyers stepping in on pullbacks

✅ Strong reaction from reclaimed support

✅ Early signs of bullish continuation structure

As long as price holds above $0.069, momentum favors continuation toward higher resistance levels.

🎯 Trade Setup

Entry: $0.0690 – $0.0705

Target 1: $0.0750

Target 2: $0.0800

Target 3: $0.0823

Stop Loss: $0.0640

📌 Risk-to-reward improves significantly if entry is closer to the lower end of the range.

🔎 Structure Analysis

Holding above $0.069 confirms the breakout flip (resistance → support).

A clean push above $0.075 increases probability of continuation toward $0.08+.

Loss of $0.069 opens the door for a move toward $0.064 (your invalidation zone).

Momentum remains bullish as long as support is respected.

⚠️ Risk Note

Crypto perps can be volatile. Watch:

Funding rates

BTC correlation

Volume confirmation on breakouts

Always size positions according to your risk tolerance.

If you'd like, I can also break this down into a probability-based scenario map (bullish / neutral / bearish cases) for clearer trade management.