$NEWT

📈 Price and Volume

Current Price: ≈ 0.3436 USD, with a slight increase of 7–8 % over the past 24 hours.

Daily Trading Volume: between 40–50 million USD, showing a notable increase from previous days.

Market Capitalization: around 74 million USD, with a circulating supply of 215 million NEWT out of a total of 1 billion.

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🧭 Context and Direction

NEWT was recently launched (June 2025), and after being listed on major platforms like Binance and Coinbase, the currency experienced sharp fluctuations between rapid rises and a sell-off.

Experts indicate that it is going through a phase of “price discovery” where the market is trying to determine the true value through waves of supply and demand.

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🎯 Technical Indicators

Strong Buy technical recommendation on the daily and weekly timeframe, according to data from Binance + Investing.com, with harmony between moving averages (5 – 200 days) and indicators like RSI and MACD.

Despite strong buy signals, indicators like Stochastic and Williams %R occasionally suggest an overbought condition, which may lead to a short-term correction.