Where it stands now
NEWT trades near $0.36–0.37 after sliding ~45 % in two days.
All-time-high came minutes after launch at $0.64 (Jun 24); the token printed its first all-time-low of $0.354 (Jun 27), marking a rapid 45 % round-trip.
Vol-to-market-cap is >4×, so every move is being amplified by heavy short-term flow.
What the chart says
Price is hugging the launch-day base near $0.35; bulls must defend this shelf or risk a flush toward $0.30.
Momentum indicators on 4-hour frames show bullish divergence (RSI climbing while price makes marginally lower lows), hinting at a relief bounce if $0.38 is reclaimed. (Live TradingView data)
Volatility remains extreme—average true range is >20 % of spot—so tight risk controls are essential.
Catalysts on deck
Exchange expansion: BTSE and CoinW both opened NEWT/USDT books today, adding liquidity and fresh demand but also enabling arbitrage and profit-taking.
Next unlock (24 Jul 2025): 6 M tokens ($2 M at current prices) enter circulation—a moderate but very visible supply overhang.
Vesting cliff in 12 months: early-backer and team allocations begin a large linear release next year, capping medium-term valuations.
Near-term scenarios (1-4 weeks)
Relief rally if price closes above $0.38: watch $0.45–0.50 for profit targets, then $0.60 as trend inflection.
Continuation bleed below $0.34: opens $0.30 and potentially $0.25 as panic levels.
Medium-term view (Q3 2025)
Unless the July unlock is absorbed smoothly and the token reclaims the $0.60 breakdown zone, NEWT is likely to base between $0.30–0.50 while hype cools. A decisive close back above $0.60 would invalidate the bear case and position the coin for a retest of the launch highs.
Volatile new listings can move fast; size positions accordingly. Not financial advice.
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