đ $NEWT /USDT â 1H Chart Snapshot
After the initial listing pump that took NEWT above $0.85, the token went into a steep sell-off, forming a classic post-launch bleed. Price eventually found temporary support around $0.33â$0.35 and is now showing early signs of bottoming out.
đ Key Observations:
Price is trying to climb above the MA7 ($0.3955) and MA25 ($0.3809) â bullish short-term sign.
Volume is still modest, indicating cautious accumulation.
First bullish hourly close above the moving averages in over 48 hours.
đŻ Target Levels:
Target 1 â $0.45
†Short-term resistance zone + psychological level
Target 2 â $0.52
†Resistance cluster and breakdown zone
Target 3 â $0.60
†Post-launch consolidation ceiling
đĄïž Support Levels:
$0.36 â Local base, defended multiple times
$0.33 â Final support before potential new lows
đ TL;DR:
Newton Protocol (NEWT) may be attempting a dead cat bounce or the beginning of an accumulation phase. Key confirmation will be a sustained move above $0.45 with volume expansion.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can be volatile â always trade responsibly!