$NEWT 🚨🩸 NEWT/USDT – FROM HYPE TO HURT! -21% MELTDOWN! 🩸🚨

📉 Current Price: $0.4230 (-21.61%)

📆 Timeframe: 1H | 🔻 RSI Weak | MACD Bearish Flip

Let’s unpack what went wrong… and what’s next 👇

#BinanceAlphaAlert

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📊 CHART OVERVIEW – FROM SKY TO SLIDE!

🔺 24H High: $0.6464

🔻 Now: $0.4230 – over 34% drop from the top

📉 Huge volume spike + sharp selloff = Distribution confirmed

🟡 MA(7): 0.4329

🔴 MA(25): 0.4507

🔵 MA(99): 0.3798

⚠️ Price now stuck below both 7 & 25 MA – momentum clearly fading

#ScalpingStrategy

📉 MACD: Bearish cross confirmed — red zone growing

📉 RSI(6): 31.50 – approaching oversold zone, but still no signs of bounce

📦 O.I.: High at 50.2M – positions are loaded, but likely in red

⚔️ Long/Short Ratio: 0.93 = Caution! Bulls are still in, but pressure rising

#bearishmomentum

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🎯 TRADING PLAN – CAUTION MODE ON ⚠️

🔴 SHORT SCALP IDEA (If weakness continues):

🚨 Entry: Breakdown below $0.4150

🎯 TP1: $0.3850 (24H Low)

🎯 TP2: $0.3430

🛑 SL: $0.4450

🟢 LONG ONLY IF RECLAIMED BULLISHLY

✅ Entry: Clean breakout above $0.4680 (past MA cluster)

🎯 TP1: $0.5020

🎯 TP2: $0.5450

🛑 SL: $0.4290

#BTC110KToday?

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📌 KEY TAKEAWAYS:

🔻 Trend is clearly bearish – avoid dip buying blindly

🧨 MACD & RSI confirm breakdown

⚠️ Re-entry possible only after reclaim of 0.46+

👀 Watch O.I. shifts and volume divergence for early reversal signs

#Newt $NEWT