📊 @NewtonProtocol Analysis
$NEWT continues trading inside its major demand/accumulation zone ($0.045–$0.055) after months of sustained selling pressure. Volatility has compressed and volume has declined, suggesting sellers may be losing momentum, but the daily trend is still bearish.
🟢 Bullish Scenario: Hold above $0.045 and reclaim $0.060–$0.065, opening the door toward $0.075 and eventually the key $0.10 resistance.
🔴 Bearish Scenario: Losing the $0.045 support would invalidate the accumulation thesis and could lead to fresh lows due to the lack of strong historical support beneath current prices.
Patience is key here. This is a chart to monitor for confirmation rather than chase. A high-volume breakout above resistance would provide the first meaningful sign that a long-term trend reversal is underway. 📈
#newt $NEWT
$NEWT continues trading inside its major demand/accumulation zone ($0.045–$0.055) after months of sustained selling pressure. Volatility has compressed and volume has declined, suggesting sellers may be losing momentum, but the daily trend is still bearish.
🟢 Bullish Scenario: Hold above $0.045 and reclaim $0.060–$0.065, opening the door toward $0.075 and eventually the key $0.10 resistance.
🔴 Bearish Scenario: Losing the $0.045 support would invalidate the accumulation thesis and could lead to fresh lows due to the lack of strong historical support beneath current prices.
Patience is key here. This is a chart to monitor for confirmation rather than chase. A high-volume breakout above resistance would provide the first meaningful sign that a long-term trend reversal is underway. 📈
#newt $NEWT