$NEWT BREAKOUT OR PULLBACK?
NEWT is currently trading at $0.3025 (-0.75%), consolidating after a recent push upward. Price action shows strong buying interest around the $0.3000 zone, but momentum is being tested at near-term resistance.
Key Levels to Watch
• Resistance: $0.3050 – A breakout above this level could open the path for higher targets.
• Support: $0.3000 – Holding here is crucial; losing it may shift momentum back to sellers.
Trade Setup – Volatility Ahead
Bullish Entry:
• A confirmed breakout above $0.3050 could target:
• TP1: $0.3080
• TP2: $0.3120
Bearish Entry:
• A breakdown below $0.3000 may send price lower toward:
• TP1: $0.2970
• TP2: $0.2930
Pro Insight: Volume spikes suggest traders are defending $0.3000. Watch closely—failure to reclaim above $0.3050 could invite short-term weakness.