🚨 Technical Analysis (4H Chart) $NEWT 🛑

24H High/Low: $0.4138 / $0.3730

Volume: NEWT - 147.47M | USDT - 57.47M

📉 Chart Observations: $NEWT

Massive Dump After Initial Pump: Price spiked to $0.86 and quickly corrected to as low as $0.30 – typical of a high-volatility listing or launch event.

Parabolic SAR: Dots have flipped below the current price – suggesting a bullish trend reversal may be forming.

Support Level: Strong base building around $0.30-$0.38 range.

Moving Averages:

MA(5): $0.38

MA(10): $0.39

These are converging, hinting at a potential breakout or retest moment.

Volume Decline: Significantly reduced since the dump, now stabilizing – indicating price consolidation.