$NEWT
You're looking at a 15-minute chart for NEWT/USDT, and here’s a quick breakdown followed by a trade plan suggestion:
📊 Chart Analysis (15-min)
Current Price: $0.5979
24h Change: +61.81%
24h High/Low: $0.7000 / $0.3622
RSI (6): 67.6 → Close to overbought zone
MACD: Bullish crossover ongoing
MAs:
MA(7): 0.5534 → Price is above, showing short-term bullish strength
MA(25): 0.4886 → Medium trend is strong
MA(99): 0.4258 → Long trend is supportive of overall uptrend
Volume: Recently spiked
🧠 Interpretation
The price touched $0.70 and pulled back to $0.59 → This suggests short-term profit-taking.
RSI is cooling off but still bullish.
MACD confirms positive momentum, but might flatten if consolidation happens.
📌 Trade Plan Options
✅ If you're already in the trade:
Take partial profit here (~$0.60)
Trailing Stop: Set around $0.565 – just under the last red candle body and MA(7)
Final Stop-Loss: Below $0.525 (support zone)
🟢 If you're not in the trade yet:
Entry Options:
🔁 Dip Buy: Around $0.54–$0.56 (near MA7 or support zone)
🚀 Breakout Buy: If price reclaims $0.66+ with volume, targeting retest of $0.70 or new highs
Stop-Loss: $0.525
Targets:
TP1: $0.66 (recent resistance)
TP2: $0.70 (previous high)
TP3: $0.75–$0.80 (if breakout rally continues)
⚠️ Caution
This is a low-cap altcoin (NEWT), so it's very volatile. Stick to position sizing and stop-loss discipline.
Watch for bearish divergence or weakening volume on next leg up.