Neutron (NTRN) Consolidates At $0.1024 As Price Holds $0.095 Support and Targets $0.1139 Breakout

NTRN has been narrowing into a triangle formation, which indicates a potential breakout following a 3.9% decrease in a week.

The important support is at $0.09541, whereas the resistance is at $0.1059, $0.1139 and $0.1339, which is decisive on the direction of prices.

In the short run, the industry can be expected to gain 10-30% as the industry strengthens further in Layer-1 and Layer-2 tokens.

Neutron (NTRN) has started showing signs of stabilization following a recent pullback and the token currently trades at 0.1024. The price decreased 3.9 percent in the last week, and short-term momentum is trying to change

On the 8-hour chart, NTRN is consolidating within a narrowing triangle pattern. The structure indicates a possible breakout phase as Layer-1 and Layer-2 tokens continue to attract notable market attention. The traders are closely monitoring an extension of between 10 and 30 percent in the near future.

Support and Resistance Levels

The token is currently finding a solid floor at $0.09541, a level that has held steady even under selling pressure. Price action briefly tested this zone, but buyers stepped in to maintain stability. Notably, the resistance level sits at $0.1059, aligning closely with the current spot value of $0.1052 observed on Binance. Above this, secondary resistance appears near $0.1139, followed by stronger pressure at $0.1339. These layers highlight critical checkpoints for the token if momentum strengthens.

Chart Indicators and Market Structure

The chart illustrates a tightening triangle pattern formed after a sharp rise in late August. The movement of the price in no particular direction strengthened its volume implying consolidation before the course of action became known. The risk zone highlighted stands at $0.0942, and the overall range is up to $0.1600 at the upper limit.

Additionally, a large blue projection box suggests potential upside targets, with the structure supporting a favorable risk-to-reward profile if support continues to hold.

Short-Term Outlook

NTRN has progressed in a 24-hour range near $0.102 to $0.106 with cautious action before breaking through decisively. The general market trend of Layer-1 and Layer-2 tokens has been positive, and this will fuel the momentum. Short-term performance will, however, depend on whether the price closes above $0.1059 resistance solidly. Sustained strength above this threshold may open the path toward higher resistance levels.