🚨 NEWT/USDT: Is the Pullback a Buy Opportunity?

Market Outlook: Newton Protocol (NEWT), an AI-driven automation layer for on-chain finance, has experienced significant volatility following its late-June 2025 launch and subsequent rally. After reaching highs near $0.86 in June, the price has pulled back and is currently consolidating near a critical support zone after testing lows in late August. 

💡 Futures Trading Plan (Neutral Stance):

🟩 Long Entry Trigger: Look for a confirmed, high-volume candle close ABOVE the resistance level of $0.3090 on a higher timeframe (e.g., 4H or Daily). A successful retest of this level could signal a continuation of the recent bounce. 

💰Targets: $0.3180, $0.3250, and potentially higher toward recent highs.
🛑Stop Loss: Below the breakout candle's low or below the nearest support zone around $0.2965. 

🟥 Short Entry Trigger: Consider a short if the price breaks decisively BELOW the key support zone of $0.2930–$0.2965 with a closing candle on a higher timeframe. A confirmed breakdown could signal a continuation of the bearish trend. 

💰Targets: $0.2870, and lower toward previous support levels near $0.2840.
🛑Stop Loss: Above the breakdown candle's high or above $0.3000. 

Your Action Plan:

01 - ⏳ Wait for Confirmation: Do not enter a trade until a clear breakout or breakdown is confirmed by a candle close. False signals are a high risk in this consolidated price action. 

02 - 🛡️ Use a Stop-Loss: Always protect your capital. A stop-loss is not optional; it is essential for managing risk in volatile assets like NEWT. 

03 - ⚖️ Manage Your Risk Wisely: Consider position sizing appropriate for your risk tolerance. Do not over-leverage, especially given the recent volatility and airdrop-related sell pressure. 

📢 What are your thoughts?

Vote: Do you think NEWT will rebound from its current support or break down further?

Bounce and Break Higher
Fall Back to Lows 

Comment: Share your analysis below!