$NEWT AT CRITICAL JUNCTURE: BULLS TESTING RESISTANCE!

Current Price: $0.3436 | 24h Change: -0.99% (-$0.0034)

Newton Protocol is showing signs of consolidation after recent volatility, with price action forming at a crucial technical level. The next move could determine the short-term direction for NEWT traders.

KEY TECHNICAL LEVELS

RESISTANCE ZONES

Primary Resistance: $0.3450 - Breaking above this level could signal renewed bullish momentum

Secondary Resistance: $0.3480 - Major breakout target for sustained upward movement

SUPPORT ZONES

Immediate Support: $0.3400 - Critical psychological level that bulls must defend

Strong Support: $0.3350 - Key area where buyers have previously stepped in

TRADING SCENARIOS

BULLISH SETUP

Entry Trigger: Confirmed break above $0.3450 with volume

Target 1: $0.3480 (+1.3%)

Target 2: $0.3520 (+2.4%)

Stop Loss: $0.3420

BEARISH SETUP

Entry Trigger: Break below $0.3400 support

Target 1: $0.3350 (-2.5%)

Target 2: $0.3300 (-4.0%)

Stop Loss: $0.3440

VOLUME ANALYSIS

Current volume at 106.635K shows moderate interest. Watch for:

Volume spike above 150K on breakout attempts

Declining volume could signal weakening momentum

RISK MANAGEMENT

Position size should not exceed 2-3% of portfolio

Always use stop losses

Consider scaling in/out of positions

Monitor Bitcoin correlation for broader market sentiment