Newton Protocol/Tether Market Overview

• Price dropped from 0.2767 to 0.2535 amid strong bearish momentum.
• RSI and MACD suggest oversold conditions, hinting at potential rebound.
• Bollinger Bands widened, reflecting heightened volatility.
• High volume and turnover concentrated in early AM, with a divergence near 0.2565.
• A 61.8% Fibonacci retracement level at 0.2587 may act as support.

Newton Protocol/Tether (NEWTUSDT) opened at 0.2729 on 2025-09-14 at 12:00 ET, reached a high of 0.2767, a low of 0.2535, and closed at 0.2552 on 2025-09-15 at 12:00 ET. Total 24-hour volume was 3,674,390 and total turnover was 921.6 USDT.

Structure & Formations

The price formed a series of bearish engulfing patterns during the early hours of trading, with a large bearish candle confirming a breakdown below key support at 0.2644. A potential bullish doji formed near 0.2587 later in the session, suggesting a possible short-term pause in the downward move. The 0.2729–0.2748 level acted as initial resistance, while the 0.2587–0.2616 zone appears to be a critical support area for near-term price action.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs have diverged significantly, with price remaining well below both, reinforcing bearish bias. Weekly moving averages (50/100/200) are also aligned bearishly, indicating a broader downtrend that may persist unless a strong reversal is triggered above 0.2644.

MACD & RSI

The RSI has dipped into oversold territory near 30, suggesting that the current bearish move may be nearing a temporary pause. MACD lines have crossed below the signal line, confirming bearish momentum, though the histogram has begun to contract, which could indicate a slowdown in the downward trend. A bullish crossover in RSI above 50 may precede a short-term recovery.

Bollinger Bands

Volatility has expanded significantly, with price reaching the lower band at 0.2535. The bands have widened to their maximum extent in the 24-hour window, indicating a high-risk, high-reward scenario. Price is currently sitting near the lower band, and a rebound back toward the middle band (currently at ~0.2568) is more probable than a continued breakdown.

Volume & Turnover

Volume spiked sharply during the 05:15–05:45 ET window, with turnover reaching over 75k USDT during the 05:15–05:30 ET period, coinciding with a large bearish move below 0.2644. Despite the low closing price, volume in the final 4–6 hours of the 24-hour window has been relatively muted, suggesting a lack of conviction in further downside at current levels.

Fibonacci Retracements

Fibonacci retracements applied to the 0.2767–0.2535 swing indicate key levels at 0.2661 (23.6%), 0.2617 (38.2%), and 0.2587 (61.8%). Price has tested the 61.8% level multiple times during the session, with a potential bounce expected from this level. A break below the 0.2543 (78.6%) level would confirm deeper bearish pressure.

Backtest Hypothesis

A potential backtesting strategy for NEWTUSDT could involve a short-bias entry on a break below the 61.8% Fibonacci level (0.2587), with a stop-loss placed just above the 0.2617 level (38.2%). A trailing stop could be set below the next significant swing low as price rebounds. Alternatively, a long entry could be triggered on a close above 0.2644, with a target at 0.2675 and a stop-loss below 0.2617. This approach leverages key Fibonacci and volume-based divergences observed in the session to capture both bearish and bullish momentum reversals.