$NEWT /USDT – Testing the Upside
$NEWT is trading at 0.2919 USDT, up 8.27% on the day, holding steady after bouncing from its 0.2670 low and pressing near the 24h high of 0.3060.
Volumes (17.58M NEWT / 5.01M USDT) show decent participation, while moving averages are stacked bullishly (MA7 at 0.2870, MA25 at 0.2798, MA99 at 0.2653). The short-term trend is supportive as long as price stays above 0.2800.
A breakout through 0.3060 resistance could open room toward 0.3200–0.3300, while failure to clear may pull price back into the 0.2800–0.2700 support band.
🔹 Bias: Bullish above 0.2800
🔹 Watch: Reaction at 0.3060 resistance
🔹 Trade Idea: Longs above 0.3060, dip entries around 0.2800
Key Levels
Resistance → 0.3060 → 0.3300
Support → 0.2800 → 0.2700
Bottom line:
$NEWT /USDT is holding momentum with bullish structure intact. A decisive move above 0.3060 could fuel another leg higher.