Market Overview: Newton Protocol/Tether (NEWTUSDT)

Summary
• Price tested key resistance near 0.1133 but pulled back, with bears reclaiming control below 0.111.
• Momentum weakened on RSI, suggesting potential for consolidation or a pullback.
• Volatility expanded in early hours but has since compressed, hinting at a potential breakout.
• Volume surged during the 22:30–23:00 ET window, coinciding with a push toward 0.1133.
• A doji formed at 0.1125, indicating indecision and possible reversal risks.

Newton Protocol/Tether (NEWTUSDT) opened at 0.1094 on 2025-12-12 12:00 ET, reached a high of 0.1133, and closed at 0.1123 on 2025-12-13 12:00 ET, with a low of 0.1091. Total volume was 1,244,234.7, and notional turnover amounted to 137,279.7.

Structure & Formations

Price encountered strong resistance at 0.1133, marked by a large bullish candle, but failed to hold above it. A 5-minute doji formed at 0.1125, signaling indecision. Key support levels include 0.1115, 0.1110, and 0.1105, with the last two providing strong historical support.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages crossed near 0.1112–0.1115, indicating a potential consolidation phase. Daily moving averages (50/100/200) are aligned in a neutral position, suggesting no strong directional bias over the longer term.

MACD & RSI

The MACD histogram showed a slight bearish divergence as the price rallied toward 0.1133. RSI has since retreated from overbought territory, currently hovering near 50, signaling a potential return to equilibrium. A bearish crossover in the MACD line suggests a pullback could follow.

Bollinger Bands

Volatility expanded early in the session as the price approached resistance, pushing the upper band to 0.1133. The current price sits near the middle band, with the lower band at 0.1105, indicating a potential for either a breakout or a consolidation phase.

Volume & Turnover

Volume spiked sharply during the 22:30–23:00 ET period as price approached 0.1133, but has since declined. Turnover has remained consistent with volume patterns. No major divergence was observed between price and turnover, suggesting orderly trading.

Fibonacci Retracements

On the 5-minute chart, the 61.8% retracement level from the 0.1091–0.1133 swing sits at 0.1118, which the price briefly tested before retreating. On the daily chart, the 38.2% level is near 0.1110, a critical near-term support level to watch.

The market appears poised for either a pullback or a consolidation phase if support at 0.1110 holds. Traders should remain cautious about potential bearish follow-through, especially if 0.1105 is breached. Over the next 24 hours, watch for divergence in volume or RSI as early signals of directional bias.