ScalpOrHold
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🚨 $NEWT /USDT Quick Spike & Cooldown — What's Next? 🚨
📊 NEWT surged explosively to $0.8600, then corrected sharply to $0.3000 before stabilizing around $0.4580 — still up +52.67% on the day!
🟡 RSI(6): 18.27 — Signaling heavy oversold territory!
🩸 High volume with a vertical drop hints at profit booking or possible trap wicks.
🧠 Smart entry? Only if we see consolidation or bullish divergence forming here.
🔎 Watching key levels:
⚠️ Resistance: $0.5184 / $0.6416
🔻 Support: $0.3952 / $0.3000
💬 Did you catch this wick madness or are you waiting for a safer retest?
#NEWT #Altcoins #BinanceSquare #ScalpOrHold #Write2Earn
📊 NEWT surged explosively to $0.8600, then corrected sharply to $0.3000 before stabilizing around $0.4580 — still up +52.67% on the day!
🟡 RSI(6): 18.27 — Signaling heavy oversold territory!
🩸 High volume with a vertical drop hints at profit booking or possible trap wicks.
🧠 Smart entry? Only if we see consolidation or bullish divergence forming here.
🔎 Watching key levels:
⚠️ Resistance: $0.5184 / $0.6416
🔻 Support: $0.3952 / $0.3000
💬 Did you catch this wick madness or are you waiting for a safer retest?
#NEWT #Altcoins #BinanceSquare #ScalpOrHold #Write2Earn
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