$NEWT /USDT PLUNGES NEARLY 26% — IS THE SELL-OFF OVER?

$NEWT is facing heavy downward pressure, currently trading at $0.4408, down -25.90% in the last 24 hours. After peaking at $0.4866, the token has entered a sharp decline, forming a strong bearish trend on the 15-minute chart. The price recently touched a low of $0.4400, indicating increased selling activity and potential panic exits.

📉 Technical Outlook:

Clear rejection from $0.4866 resistance

Consecutive red candles showing selling dominance

Watch key support near $0.4362 — a breakdown could trigger further downside

If bulls regain momentum, reclaiming $0.4580 is crucial for any recovery

👀 Traders should stay cautious and look for reversal signals before entering long positions.

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