🔵 $NEWT /USDT Market Update
📌 Current Price: $0.3720
📊 24h Change: Sideways consolidation with minor bullish bias
📈 Trend: Attempting recovery from local bottom
📉 Chart Overview:
NEWT recently found support around the $0.3500 zone and is now showing signs of accumulation. The price action suggests a potential breakout if volume sustains.
🔸 Key Levels:
🔼 Resistance: $0.3880 – Break above this could push price toward $0.42
🔽 Support: $0.3550 – Holding this is key to avoid further downside
🔹 Volume:
Volume is stabilizing after a drop, signaling cautious buyers re-entering. A spike in volume can confirm a bullish breakout.
📏 Indicators:
MA Crossover: 7 EMA is attempting to cross above 25 MA = short-term bullish
RSI: Near 48–50 range = Neutral zone but ready to tilt bullish
✅ Signal:
A break above $0.3880 with volume = BUY opportunity
❌ Break below $0.3550 = CAUTION ZONE
📌 Summary:
NEWT is currently in a re-accumulation phase. Watch for a breakout from the range. Ideal for swing traders looking for 10–15% potential move.
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