$NEWT Breakout Imminent or More Pain Ahead?
NEWT is trading at $0.3128, holding just above key short-term support. Price action is tightening, and a decisive move from here could set the next direction.
Key Price Levels to Watch:
Resistance Levels:
• $0.3150 – Immediate breakout zone
• $0.3190 – Short-term recovery level
• $0.3240 – Full trend shift area
Support Levels:
• $0.3115 – Current support structure
• $0.3070 – Breakdown point with downside risk
Trade Setup – Eyes on the Next Move
Bullish Setup:
A breakout above $0.3150 could open the door toward:
• Target 1: $0.3190
• Target 2: $0.3240
Bearish Setup:
Failure to hold $0.3115 may lead to pressure down toward:
• Target 1: $0.3070
• Target 2: $0.2995
Volume remains low, but watch for a sudden surge—tight range often breaks hard. Be ready.
