$NEWT /USDT Weekly Forecast on Binance
Current Price: ~$0.50
NEWT surged to around $0.49 after its Binance debut, then cleaned up to the $0.45–$0.35 zone as post-launch selling softened . On the 1‑hour chart, it’s retesting its 7/25‑period MAs (~$0.395), showing signs of short-term accumulation . Volume remains modest while RSI stabilizes near neutral—hinting at a possible base forming.
🔮 This Week’s Range
•Bullish: $0.60 – $0.70 (if $0.45–$0.50 support holds)
•Neutral: $0.45 – $0.50 (sideways accumulation likely)
•Bearish: $0.33 – $0.45 (if pump fades)
📊 Trade Plan
•Entry: $0.45 – $0.55
•Take Profit 1: $0.60
•Take Profit 2: $0.70
•Stop Loss: Below $0.42
🧠 Insight:
NEWT appears to be in its early bottoming phase—holding above $0.45 is key. A break above $0.60 on rising volume could signal a real bounce. But failure below $0.42 may open the door to further correction.
