$NEWT is still moving sideways, but I think it's sitting at an interesting level.
Price is hovering around $0.0474, just below the average price zone around $0.0475–0.0476, which is acting as short-term resistance. Volume has picked up slightly, but buyers haven't shown enough strength to push above that level yet.
The MACD is still relatively flat, suggesting momentum remains weak. For me, this looks more like a consolidation phase than a trend.
My game plan:
A clean break above $0.0476 could open the door for a retest of $0.0480–0.0483.
If sellers keep control and price loses $0.0473, I wouldn't be surprised to see another leg lower before buyers step back in.
I'm staying patient here. Sometimes the best trade is waiting for confirmation instead of forcing an entry.
Are you accumulating NEWT here, or waiting for a breakout first?
#newt @NewtonProtocol
Price is hovering around $0.0474, just below the average price zone around $0.0475–0.0476, which is acting as short-term resistance. Volume has picked up slightly, but buyers haven't shown enough strength to push above that level yet.
The MACD is still relatively flat, suggesting momentum remains weak. For me, this looks more like a consolidation phase than a trend.
My game plan:
A clean break above $0.0476 could open the door for a retest of $0.0480–0.0483.
If sellers keep control and price loses $0.0473, I wouldn't be surprised to see another leg lower before buyers step back in.
I'm staying patient here. Sometimes the best trade is waiting for confirmation instead of forcing an entry.
Are you accumulating NEWT here, or waiting for a breakout first?
#newt @NewtonProtocol