$NEWT is high 10.02% in 24-hours ⚫️

🔥⚫️Newton Protocol (NEWT) rose 9.9% in 24 hours due to a technical breakout and improving altcoin market sentiment.

🔘Breakout pattern – NEWT surged past $0.36 resistance, hitting $0.3873 intraday.

⚫️Altcoin momentum – BNB’s ATH and rising Altcoin Season Index (51 → 56) boosted risk appetite.

🔘High-volume speculation – 24h trading volume spiked 137% to $142M, signaling retail interest.

⚫️NEWT broke above its 7-day SMA ($0.33) and pivot point ($0.357) with RSI(7) at 76.08 – a short-term overbought signal. The move from $0.307 to $0.3873 represents a 26% rally, triggering automated buy orders and liquidating short positions.

🔘BNB’s rally: Binance’s CZ highlighted altcoin momentum as BNB hit $800 ATH, lifting sentiment for exchange-linked tokens.

⚫️⚪️Altcoin rotation: The Altcoin Season Index rose 34% weekly (global metrics), with capital flowing into mid-caps like NEWT.

🔘Low leverage risk: Derivatives open interest fell 23% market-wide, reducing squeeze risks that could amplify moves.