Newton Protocol Market Overview

• Price declined from 0.3220 to 0.3115 over 24 hours, forming a bearish trend with a key 0.3140 support.
• High volume observed during the 0.3180–0.3120 pullback, suggesting short-term profit-taking or bearish accumulation.
• RSI indicates oversold conditions at the close, hinting at potential short-term rebounds or consolidation.
• Bollinger Bands show moderate volatility contraction, pointing to possible directional movement.
• No strong reversal patterns observed, but price may test 0.3100–0.3120 for near-term direction.

Newton Protocol (NEWTUSDT) opened at 0.3194 on 2025-07-18 12:00 ET and closed at 0.3115 on 2025-07-19 12:00 ET, with a high of 0.3256 and a low of 0.3073. Total volume for the 24-hour period was approximately 12,293,172.7, with a notional turnover of around $3,917,242.8.

Structure & Formations

The price action over the 24-hour period formed a bearish trend, characterized by a gradual decline from a high of 0.3256 to a low of 0.3073. Key support levels were observed at 0.3140 and 0.3100, with the latter showing some initial rejection. No strong reversal patterns emerged, though a potential bullish setup may form if the price stabilizes above 0.3115. Resistance levels at 0.3160 and 0.3180 are likely to be tested in the near term.

Moving Averages

On the 15-minute chart, the price closed below the 20-period and 50-period moving averages, reinforcing the bearish bias. The daily chart shows the price below the 50-period, 100-period, and 200-period moving averages, indicating a stronger downtrend. A move above the 50-period MA on the daily chart could signal a potential short-term reversal, but this appears unlikely unless volume increases significantly.

MACD & RSI

The MACD line has been negative for the majority of the 24-hour period, with a recent slight convergence suggesting a potential slowdown in the bearish momentum. The RSI has moved into oversold territory at the close, indicating a possible near-term bounce. However, this does not necessarily signal a reversal, and a sustained move above 0.3140 would be needed to confirm a shift in sentiment.

Bollinger Bands

The price has been oscillating within the Bollinger Bands, with a moderate contraction in volatility observed in the final hours. This contraction could precede a breakout or continuation of the current trend. Given the bearish bias, a move below the lower band would reinforce the downtrend, while a retest of the upper band at 0.3180 may attract selling pressure.

Volume & Turnover

Volume increased significantly during the pullback from 0.3220 to 0.3120, indicating increased participation from sellers. Turnover also spiked during this phase, confirming the bearish sentiment. However, the final 4–6 hours saw a reduction in both volume and turnover, suggesting a period of consolidation. A sharp increase in volume during a breakout from this consolidation could signal a resumption of the trend.

Fibonacci Retracements

Applying Fibonacci retracement levels to the most recent swing high (0.3256) and swing low (0.3073), key levels at 38.2% (0.3157) and 61.8% (0.3127) have acted as support. The 61.8% level appears to be a potential floor for the next 24 hours. A break below this level could lead to a test of the 0.3100 level, with further bearish implications.

The price may consolidate near the 0.3115–0.3125 range in the short term, with a potential for a small rebound if the RSI continues to signal oversold conditions. However, the bearish bias remains intact unless a strong bullish breakout occurs with increased volume. Investors should monitor key support and resistance levels for signs of reversal or continuation.