Market Overview for Newton Protocol/Tether (NEWTUSDT): 24-Hour Summary

• Newton Protocol/Tether (NEWTUSDT) rose 0.60% over 24 hours, forming a bullish consolidation pattern.
• Key resistance appears at 0.2043–0.2062; key support at 0.2014–0.2023.
• Volatility remained elevated with increased volume during the late ET hours.
• MACD and RSI signaled mixed momentum, with RSI hovering near 50.
• Price remained within Bollinger Bands, with recent expansion suggesting rising uncertainty.

Newton Protocol/Tether (NEWTUSDT) opened at 0.1991 on 2025-10-04 at 12:00 ET, reached a high of 0.2093, a low of 0.1978, and closed at 0.2037 as of 2025-10-05 at 12:00 ET. Total trading volume for the 24-hour window was 1,535,689.3 units, with a notional turnover of $310,178.20. The price has shown a gradual bullish tilt after an early session dip.

Structure & Formations

The 15-minute chart revealed a key support level forming between 0.2014 and 0.2023, where the price found a floor in the early hours of the session. A bearish reversal candle formed at 0.2015 on 2025-10-05 01:00 ET, followed by a series of bullish engulfing patterns after 0.2024, suggesting a retesting of key psychological levels. A doji at 0.2025 on 02:30 ET indicated indecision, while the final 15-minute bar at 12:00 ET closed with a strong green candle, forming a potential continuation pattern.

Moving Averages

The 20-period and 50-period SMAs on the 15-minute chart crossed above the price during the late ET session, reinforcing the bullish trend. On the daily chart, the 50-period SMA sits at 0.2040, slightly below the 200-period SMA at 0.2045, suggesting a neutral to mildly bullish bias in the medium term.

MACD & RSI

The 12/26 MACD remained above zero after 0.2043 on 02:00 ET, signaling positive momentum, while the histogram showed a gradual expansion. RSI hovered around 55–60 for much of the session, indicating balanced buying and selling pressure. However, a brief spike above 60 in the 03:00–04:00 ET range suggested a potential overbought condition, which was followed by a consolidation phase. Overall, the oscillator appears to confirm the recent bullish structure.

Bollinger Bands

Volatility increased as the Bollinger Bands expanded during the 02:00–04:00 ET window, with the price trading between the +1.5σ and -1.5σ bands. This expansion coincided with a sharp move from 0.2024 to 0.2062, indicating a surge in uncertainty and activity. The price then retracted toward the midline, suggesting a potential consolidation period before the next directional move.

Volume & Turnover

Trading volume spiked significantly after 02:00 ET, peaking at 188,653.1 units during the 02:45 ET candle, coinciding with a strong move from 0.2024 to 0.2046. Turnover increased in tandem, with the largest notional value seen during the 05:00 ET candle (0.205–0.2073), reaching $3,458.55. The volume profile confirmed the bullish price action during these hours, though a divergence between volume and price was noted after 09:00 ET as volume dropped despite continued sideways trading.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 0.1978 to 0.2093 swing, the 61.8% level at 0.2034 acted as a key support area. Price tested this level twice and found support each time, confirming its significance. The 38.2% level at 0.2054 also acted as resistance earlier in the session. These retracement levels appear to align with key candlestick patterns and volume clusters.

Backtest Hypothesis

A potential backtesting strategy could involve entering long positions on a bullish engulfing pattern forming above the 50-period SMA, combined with a RSI above 50 and MACD crossing above zero. Stops could be placed at the nearest Fibonacci support level, with take-profit targets set at the 38.2% and 61.8% retracement levels. This approach would aim to capture short-term bullish momentum while mitigating risk through clear structure-based entry and exit points.