THE SURGE: $NEWT EXPLODES 14%
The Market Overview
NEWT/USDT has just staged a massive breakout, currently trading at 0.1154. The asset is gaining rapid momentum with a sharp +14.60% increase in the last 24 hours. After a period of consolidation near the 0.0980 mark, a surge in buying pressure has sent the price vertical.
Key Technical Levels
* 24h High: 0.1373
* 24h Low: 0.0993
* Current Price: 0.1154
* Supertrend Support: 0.1022
Volume and Momentum
The 4-hour chart reveals a monumental spike in volume, hitting a peak of 51.65M NEWT traded. While the price has retraced slightly from its local high of 0.1373, the order book remains heavily weighted toward the bulls, with 68.32% buy pressure versus 31.68% sell pressure.
The Verdict
NEWT is currently the center of high-volatility action. The price is sitting well above the Supertrend line, signaling a strong bullish phase. Traders are watching to see if the support at 0.1084 holds or if the bulls will make a secondary charge to reclaim the 0.1300 territory.
