$NEWT /USDT – Bearish Reversal Testing Key Support!
🔻 Momentum Analysis:
$NEWT is down -11.47% in the last 24 hours, showing strong bearish pressure. After failing to hold above the $0.48 level, it's now hovering near the $0.4174 support zone. With high volume at 177M NEWT traded and visible order book weakness, the pair is facing a potential breakdown if key support fails.
📊 Trading Data:
Price: $0.4174
24h Change: -11.47%
24h High / Low: $0.4866 / $0.3920
24h Volume:
NEWT: 177.03M
USDT: 79.50M
Depth Levels (Sell Walls):
$0.4537 – $0.4407 – $0.4278
Support Testing: $0.4176 → $0.4020 → $0.3890
Time Recorded: 2025-06-26 07:00
📈 Long Setup (If support holds):
Entry Zone: $0.3900 – $0.4100
Targets:
T1: $0.4400
T2: $0.4680
T3: $0.4850
Stop Loss: $0.3780 (below local low)
❗Breakout Confirmation:
Reclaim and hold above $0.4400 with strong volume
🛡️ Key Support to Watch:
$0.3900 (last defense level)
💡 Pro Tip:
Watch for bullish divergence on the 1h RSI or volume spike near $0.39–0.40 — could signal a rebound opportunity. Avoid long entries if price breaks below $0.3890 on high volume.