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#NEWT# Attempt to regain momentum.....
The price of $NEWT is trading at 0.3282, marking a slight recovery of +4.6% today after testing its lowest level at 0.3103 earlier in the session. Despite a decline of -6.3% over the past seven days, the token has started to stabilize as buyers attempt to regain control.
Bullish scenario
Entry Zone: 0.3250 - 0.3280
Target 1: 0.3340
Target 2: 0.3420
Goal 3: 0.3500
Stop loss: less than 0.3140
Market Notes
Buyers are trying to overcome the psychological barrier of 0.3300, which will be key to sustaining momentum.
The short-term trend shows higher lows, but confirmation of the uptrend requires a breakout above the 0.3380 level.
If the stock rejects at the resistance level, it may retest the demand area 0.3150-0.3200 as support #July PPI Beats Expectations# #ETH ETFs Top $30B# #Gate Alpha Peak Trading Competition#