$NEWT – Is a Breakout on the Horizon?
Current Price: $0.3837 (–1.24%)
$NEWT has pulled back after testing local resistance near $0.39, but it’s still trading within a clear range and attempting a rebound.
Trade Setup
• Entry Zone: $0.3830 – $0.3850
• Stop Loss: $0.3733
• Target: $0.4136
Technical View:
The structure is forming a clean base above support. If $NEWT reclaims $0.39 convincingly, it could climb back toward the $0.41–$0.42 resistance band. Losing the $0.3733 level would invalidate this setup.