Market Overview: Newton Protocol (NEWTUSDT) 24-Hour Technical Summary

• Newton Protocol rallied sharply from 0.311 to 0.3223, forming a bullish breakout pattern.
• Key resistance appears at 0.314–0.316, with strong volume clustering.
• Volatility expanded midday, with Bollinger Bands widening and RSI approaching overbought levels.
• Turnover surged during the 11:45–12:00 ET window, confirming the upward move.
• A potential consolidation phase may begin as momentum slows after 15:00 ET.

Market Overview

Newton Protocol (NEWTUSDT) opened at 0.311 on 2025-07-19 12:00 ET and closed at 0.3200 at 12:00 ET the following day. The pair reached a high of 0.3223 and a low of 0.3083, with total volume of 35,627,496.3 and turnover of $11,114,685.00 over the 24-hour window.

Structure & Formations

The price of NEWTUSDT formed a bullish breakout pattern from a descending triangle, with key support identified at 0.310 and resistance at 0.314–0.316. A large bullish engulfing candle appeared at 19:45 ET, confirming the breakout. A bearish divergence in price and volume was noted between 01:45 and 02:00 ET, but it was quickly reversed by renewed buying pressure.

Moving Averages

On the 15-minute chart, the price closed above the 20-period and 50-period moving averages, indicating short-term bullish momentum. On the daily timeframe, the 50-period MA is at 0.312, while the 200-period MA is at 0.308, suggesting the recent move is a healthy countertrend rally within a larger downtrend.

MACD & RSI

The MACD turned positive at around 19:30 ET and remained above the signal line, confirming the bullish trend. The RSI climbed to 68–70 in the final hours, signaling a near overbought condition. This suggests a potential short-term pullback could be imminent, though the overall momentum remains strong.

Bollinger Bands

Bollinger Bands expanded significantly from 07:45 to 09:30 ET, reflecting increased volatility during the bullish phase. Price action stayed well above the 20-period midline during this period, indicating strong upward momentum. A contraction in the bands is expected if the price consolidates near 0.318–0.320.

Volume & Turnover

Volume spiked to 551,851.3 at 19:00 ET and again to 385,198.4 at 11:45 ET, both coinciding with sharp price moves. Notional turnover also surged during these windows, confirming the price action. A divergence between volume and price was observed between 01:45 and 02:15 ET, but it was quickly resolved as buying pressure reemerged.

Fibonacci Retracements

Fibonacci levels drawn from the 0.3083 low to the 0.3223 high show key retracement levels at 0.314 (38.2%), 0.317 (50%), and 0.319 (61.8%). Price appears to have found initial resistance at 0.314 and then at 0.317–0.319, where it may consolidate before testing the next level.

Newton Protocol is likely to test the 0.320–0.3223 range in the next 24 hours, with the potential for a pullback into the 0.316–0.318 range if short-term momentum weakens. Investors should watch for a breakdown below 0.314 as a potential bearish trigger.