$NEWT 📉 $NEWT/USDT Price Analysis – Support & Resistance Update 🔍
$NEWT is currently trading at $0.3707, down -10.95% in the last 24h. After a sharp pump to $0.8600, the price faced strong selling pressure and has been steadily dropping.
🔻 Resistance Levels:
$0.3950 – Minor resistance, aligned with EMA(7)
$0.4285 – 24h high, key short-term rejection zone
$0.5180+ – Major resistance zone if momentum returns
🛡️ Support Levels:
$0.3617 – 24h low, immediate support
$0.3000 – Psychological level & previous wick bottom
$0.2720 – Last visible strong support on the chart
📊 MACD and volume suggest bearish momentum, but watch for a potential bounce if $0.36 holds.
📌 Caution: Heavy downtrend after the listing spike—wait for consolidation or bullish confirmation before entry. Always DYOR!
