๐จ $NEWT / USDT: Launch Hype Fades โ Whatโs Next? ๐ Price: $0.5771 | โฑ๏ธ 15-Min Chart | -0.71% ๐ข After a vertical pump to $0.80, gravity is pulling hard. Can bulls flip the script?
๐ฅ The Setup: ๐ฅ Initial Launch Madness โก๏ธ From $0.25 โ $0.80 in 30 mins = Peak FOMO ๐
๐ Reality Check Hits ๐ป Massive upper wicks = whales & early buyers dumped hard โ ๏ธ MA7 curling down = momentum fading ๐ Lower highs + flat base = classic squeeze zone forming
๐ฏ Critical Levels:
๐ข Resistance Zones: โข $0.60 (first line of hope) โข $0.70 (FOMO retest zone) โข $0.83โ$0.85 (launch wick top)
๐ด Support Zones: โข $0.57 (current floor) โข $0.52 (weak hands exit here) โข $0.45โ$0.30 (deep bleed potential)
๐ง Scenarios to Watch:
โ BULLISH CASE (Needs Power): โข Reclaim $0.60 on volume = short-term recovery rally โข Break above $0.70 = clean shot to $0.80โ$0.85
โ BEARISH CASE (Base Case Now): โข Crack below $0.57 = instant drop to $0.52 โข Break $0.50 = slide to $0.42 or even back to $0.30
๐ Pro Takeaway: NEWT is in post-launch cooldown โ the hype wave is crashing. Unless volume returns and $0.60 flips, expect more bleed.
๐ No confirmed bounce? Stay sidelined. ๐ฏ Smart play? Wait for reclaim or play the breakdown to support.
โ ๏ธ Reminder: DYOR. This isnโt financial advice. ๐ Trade strategy > trade emotion. ๐ Volume drives narrative โ not just hope.
๐ฌ Drop your $NEWT entry plans ๐ ๐ Share this if you're watching the trap unfold live.