đ¨ $NEWT /USDT Blow-Off Top Reversal in Play
Key Levels:
⢠Resistance: $0.4550
⢠Support: $0.3780 / $0.3200
Trade Setup (Short):
⢠Entry Zone: $0.4430 â $0.4550
⢠TP1: $0.3780
⢠TP2: $0.3200
⢠Stop Loss: $0.4750
Market Insight:
$NEWT spiked to $0.8600 before crashing to $0.3000 a classic blow-off top. The current consolidation near $0.4430 lacks strength, with no real recovery. Unless buyers reclaim $0.50 fast, another leg down is likely as momentum shifts bearish.