$NEWT Tight Range Before the Next Big Move! Reversal or Continuation?

NEWT/USDT is currently trading at $0.3300, down -2.08% on the day. The price is trapped in a narrow range after a short-term recovery from the lows of $0.3217. With volume slightly rising and price stalling near resistance, traders should prepare for a potential breakout or breakdown.

Key Levels to Watch

• Resistance Zone: $0.3330 – $0.3360

A breakout above this zone may kickstart a bullish recovery toward:

• Target 1: $0.3440

• Target 2: $0.3510 (24H High)

• Support Zone: $0.3290 – $0.3260

Losing this level may invite renewed selling pressure with downside toward:

• Target 1: $0.3210

• Target 2: $0.3150

Volume Watch:

Volume remains below average at 51K. A spike in volume will be critical for confirming direction. Without it, choppy moves may continue.

Trade Setup

Bullish Entry

• Entry: Break above $0.3360

• Target 1: $0.3440

• Target 2: $0.3510

• Stop Loss: Below $0.3260

Bearish Entry

• Entry: Break below $0.3260

• Target 1: $0.3210

• Target 2: $0.3150

• Stop Loss: Above $0.3330

The chart is coiling tighter—expect an explosive move soon. Be prepared for both scenarios and watch for confirmation with strong volume.

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