$NEWT
🚀 NEWT Coin: Holding above support levels awaiting new momentum! 📉➡️📈
The NEWT coin is experiencing a state of slight upward price stability today, with continued interest in the "Newton" protocol as an infrastructure layer that combines artificial intelligence and Web3.
🔍 Technical analysis and current data:
Current price: The price is trading at approximately 0.111 USDT, with expectations of slight daily increases.
General trend: The coin is on a positive trajectory on the daily timeframe, where the price is trading above the 50-day moving average, which currently acts as strong support.
RSI Indicator: The reading is in the "neutral zone" (between 30-70), indicating a balance between buying and selling forces, with slight "oversold" signals on smaller timeframes supporting the idea of a rebound.
Technical situation: The price faces resistance at the 200-day moving average; breaking through it is the key to starting a new bullish rally towards previous peaks.
🎯 Vital monitoring levels:
Resistance (near targets): The first target is to hold above $0.112, and breaking through it opens the door to targeting $0.118 and then $0.125.
Support (safety valve): The $0.100 area is considered the most important psychological and technical support; breaking it may change the positive outlook in the short term.
