$NEWT just showed how fast momentum can cool and reset.

Price pushed hard up to 0.1159 with strong buying pressure, but that spike was followed by profit taking. Since then, price has been moving lower in a controlled way, not a panic sell. Now it’s sitting near 0.1057, right above a key short term support zone.

If this area holds, it can turn into a base for another attempt upward. Buyers will want to see stability above 0.105 before confidence returns. A move back above 0.110 would signal strength again, while losing 0.103 could bring a deeper pullback.

This looks like a normal cooldown after a sharp run. The story here is patience and watching how price behaves at support.