$NEWT /USDT – Rebound Attempt After Sharp Drop 🔄📉
$NEWT is trading at $0.3716 (-4.64%), recovering after hitting a low of $0.3526 earlier today. The 15m chart shows a solid bounce from intraday support, indicating short-term buyer interest despite the overall downtrend.
With strong 24H volume of 119.48M, there's potential for a recovery play if momentum holds above $0.3700.
📊 Trade Setup:
Entry Zone: 0.3700 – 0.3730
TP1: 0.3790
TP2: 0.3860
TP3: 0.3920
Stop Loss: 0.3625
📉 Market Insight: After a sharp dip, a lower-timeframe higher low is forming. A reclaim of $0.3750 could trigger upside continuation.
💡 Pro Tip: Use tight risk control. If price closes below $0.3650, momentum could shift back to bearish.
Watch $NEWT — dip buyers may drive a fast recovery bounce! 🔥📈
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