$NEWT

1. TECHNICAL ANALYSIS

✅ Current trend:

• After listing (on 24/06), the price pumped strongly from $0.30 to $0.86 (x3).

• After that, it began a phase of gradual correction down to ~$0.33 as it is now.

Signs of weakening:

• Consecutive red candles and the price cutting below MA(7), MA(10) indicate that the short-term downtrend is prevailing.

• Volume is gradually decreasing after the FOMO → the market is losing the momentum to continue increasing.

2. SCENARIO FOR THE UPCOMING TREND

✳️ Current phase: Correction – accumulation

• If it holds $0.30 → this area acts as a strong support.

• 05/07-10/07 Accumulation at the bottom

Fluctuating around the area of $0.30 – $0.34. If the support holds, this is a good accumulation zone.

• 11/07-15/07

If there is volume coming in + BTC stabilizes, the price may test back to the area of $0.38 – $0.40

• After 15/07

If it breaks $0.42 then the next target is $0.46 – $0.52 (MA7 & MA10 crossover)

⚠️ If it breaks below $0.30 → it will test back to the area of $0.26 – $0.28 → deep decline scenario.