$NEWT is stabilizing after the strong expansion from the 0.0954 reaction low and I’m watching this closely because buyers stepped in with conviction and flipped the short term structure bullish. The 1h candles are holding above the breakout area and price is consolidating near highs, which shows strength rather than distribution. Higher lows are forming after the impulse move, signaling momentum is still in control. If this structure holds, continuation remains likely.
Here my full setup from this chart.
Entry Point
0.1060 – 0.1015
Target Point
TP1: 0.1095
TP2: 0.1130
TP3: 0.1180
Stop Loss
0.0985
It’s possible because dips toward the 0.1015 zone are getting absorbed quickly and sellers are failing to break price back below the previous base. If NEWT stays above support, the move toward 0.1095 becomes the natural first step before momentum attempts higher continuation again.
#USGDPUpdate #USCryptoStakingTaxReview #WriteToEarnUpgrade
NEWT
0.1268
+28.08%