Newton Protocol/Tether (NEWTUSDT) Market Overview – 2025-10-11

• Price dropped sharply during the 15-minute candle on 2025-10-10 at 16:00 ET, opening at 0.184 and closing at 0.183.
• A bearish trend continued through the day, with 15-minute lows falling to 0.1374 and a massive volume spike of 4,817,569.7.
• A sharp rebound occurred in early ET hours, closing near 0.1428 by 12:00 ET with renewed buying pressure in the morning.
• RSI and volume patterns suggest potential exhaustion in the bearish move and early accumulation.
• Bollinger Bands indicate moderate volatility, with price hovering near the upper and lower bands during key swings.

Newton Protocol/Tether (NEWTUSDT) opened at 0.184 on 2025-10-10 at 12:00 ET and traded as high as 0.1849 before closing at 0.1428 on 2025-10-11 at 12:00 ET. The 24-hour range was between 0.1849 and 0.1374, with total volume of 32,773,415.9 and turnover of approximately 4,653,957.6 (based on volume × close price per candle). The asset appears to be undergoing a sharp correction and a partial rebound.

Structure & Formations

NEWTUSDT experienced a sharp bearish breakdown from 0.1849 to 0.1374 on a single candle (2025-10-10 21:30 ET), with a volume of 4,817,569.7—far exceeding typical activity. This breakdown candle formed a bearish abandonment gap and was followed by a rapid decline. Later, a large bullish reversal candle at 2025-10-11 02:00 ET (volume: 5,375,260.0) signaled early accumulation and hinted at a potential near-term low. Key resistance appears around 0.144–0.145, with support near 0.1395–0.1405.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are bearish, with price below both during the early phase. However, the 20SMA crossed above the 50SMA near 0.1405–0.1410 in the morning, suggesting a short-term bullish crossover. Daily MA lines are not available here but are expected to reflect a longer bearish bias given the recent move.

MACD & RSI

MACD turned negative during the bearish wave, with a bearish crossover confirming the selloff. However, a positive MACD divergence appeared after 02:00 ET, suggesting a potential reversal. RSI fell into oversold territory (near 20) during the 2025-10-11 early hours and rebounded toward neutral levels, indicating a strong probability of near-term consolidation.

Bollinger Bands

Volatility was sharply contracted around 0.140–0.141 before expanding during the early rebound. Price closed near the upper band at 0.144 after the morning reversal, suggesting a test of key psychological levels. If price fails to break above 0.145, a retest of 0.140–0.141 may occur.

Volume & Turnover

The breakdown on 2025-10-10 21:30 ET was confirmed by a massive volume spike, while the morning rebound was supported by a 5.3M volume candle. Turnover and volume aligned during the reversal phase, indicating strong conviction. Price and turnover appear to be moving in sync, reducing the risk of a fakeout in the short term.

Fibonacci Retracements

Fibonacci levels from the 0.1849 high to 0.1374 low suggest key support at 0.1412 (38.2%) and 0.1454 (61.8%). Price is currently testing the 38.2% level. A break below 0.1412 could lead to a retest of 0.1395 (23.6%), but the morning reversal suggests a potential pivot point at 0.1405–0.1415.

Backtest Hypothesis

The sharp selloff and rebound align with a potential strategy based on volatility contraction and RSI divergence. A backtest could simulate entering long near the 38.2% Fibonacci level (0.1412) with a stop-loss below 0.1395 and a target near 0.144–0.145. Such a trade would capitalize on the early morning reversal and RSI rebound. This approach would require confirmation from the 20SMA crossing above the 50SMA and a positive MACD crossover to improve signal quality. Given the volume confirmation, the probability of success in the next 24 hours appears moderate.