•Do you think NEWT will reclaim resistance soon?
📉 Price Action & Sentiment: $NEWT remains under pressure as it trades below key moving averages with bearish technical signals and weak momentum, reflecting broader risk-off sentiment in crypto markets. Persistent selling and a major token unlock have kept price action subdued.
• 📌 Token Unlock Impact: A large 139.6 M NEWT unlock (≈37% of circulating supply) in Jan 2026 increased sellable supply, weighing on price and contributing to downside risk until demand absorbs the new supply.
• 📊 Key Levels to Watch:
– Support: ~$0.080–$0.090
– Resistance: ~$0.114 and higher breakout levels ● Break above resistance could signal relief rally, but caution remains.
✨#BinanceSquare #altcoin #Newt #tradingtechnique

NEWT
0.0681
-12.69%