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👉 https://www.gate.com/announcements/article/45695
From the market data, NEWT is currently in a strong pump trend, but there may be a pullback demand in the short term. The key levels are as follows:
support level
- Strong support: 0.5584 (a support level tested multiple times in the past, breaking below may indicate weakness)
- Short-term support: 0.6352 (recent pullback low, suitable for light position long testing)
resistance level
- Short-term resistance: 0.6950 (24-hour high, may accelerate after breaking through)
- Strong resistance: 0.7120 (psychological barrier, may surge towards 0.8+ after breaking through)
Entry position
- Radicals: Buy in batches when pulling back to around 0.635-0.65, with a stop loss below 0.61.
- The conservative approach: wait for a breakout above 0.695 and then chase the rise, with a target of 0.71-0.75.