$NEWT Facing a Make-or-Break Moment – Will Bulls Take Control or Fade Again?
Current Price: $0.3594
NEWT is hovering at a crucial decision zone after a prolonged downtrend. The recent bounce attempt met resistance—but strong volume hints at a possible reversal or breakdown. Brace for action.
Key Price Levels to Watch:
Resistance Zone:
• $0.3635 – $0.3655
A confirmed breakout above this zone could ignite bullish momentum toward higher recovery levels.
Support Zone:
• $0.3570 – $0.3545
If this area fails to hold, downside pressure could resume with accelerated selling.
Trade Setup Scenarios:
Bullish Entry:
If price breaks and sustains above $0.3655:
• Target 1: $0.3700
• Target 2: $0.3755
Bearish Entry:
If price dips below $0.3545:
• Target 1: $0.3480
• Target 2: $0.3400
NEWT is coiling up in a narrow range. A breakout or breakdown is likely imminent. Stay patient but ready—this setup could deliver quick gains or losses depending on the breakout side.