$NEWT is finding out that even gravity-defying moves eventually have to pay the tax man
$NEWT is showing a significant short setup as it hits a wall of heavy resistance. after a climb of +7.94% reaching a price of 0.0748, the chart reveals that the momentum is stalling exactly at the 0.0750 24h high. the sharp vertical climb on the 15m chart indicates that the move is overextended and likely to face immediate profit-taking. it will likely go down if the selling volume increases and breaks the 0.0730 support, potentially triggering a slide back toward the 0.0700 base, but it could go up if the market manages to consolidate here and pushes for a clean breakout above the 0.0755 level.
target 1 is 0.0725
target 2 is 0.0710
target 3 is 0.0695