$NEWT is showing strong volatility and active participation, currently trading around 0.1028 USDT, up roughly +8.5% in the last 24 hours. After a sharp impulsive move from the 0.100 area, price printed a local high near 0.1073 and is now cooling off into a healthy consolidation, which is often where the next direction gets decided.
On the 1H timeframe, the structure still leans bullish. Even after the rejection from the top, price is holding above key support, suggesting this could be a bullish pause rather than a reversal.
Trade Setup (Momentum + Pullback Play)
• Entry Zone:
👉 0.1018 – 0.1030 (support + consolidation zone)
• Target 1 🎯:
👉 0.1050 (minor resistance)
• Target 2 🎯:
👉 0.1073 (previous high / liquidity area)
• Target 3 🎯:
👉 0.1100 – 0.1120 (breakout extension if momentum expands)
• Stop Loss:
0.0995 (below structure & psychological support)
Technical Insight
Strong impulsive bullish leg
Higher low structure still intact
Pullback looks controlled, not aggressive
Volatility suggests continuation potential
If 0.105+ is reclaimed with volume confirmation, NEWT can quickly revisit highs and attempt a range expansion breakout. Failure to hold 0.100 would invalidate the setup, so risk management is key.
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