📊 $NEWT
/TRY Market Overview
Metric Value
Current Price ₺13.21
USD Equivalent ~$0.3313
24h Change 🔻 -4.41%
24h High / Low ₺14.25 / ₺13.21
24h Volume (NEWT) 5.61M
24h Volume (TRY) ₺77.35M
Current Vol (Recent) 459,963.5
MA(5) 246,144.5
MA(10) 325,084.7
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📉 Technical Analysis Summary
NEWT has dropped to its daily low of ₺13.21, now acting as immediate support. With volume above both moving average benchmarks, there’s a chance of a short-term bounce — but trend remains bearish in the short-term.
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🧱 Key Levels
Level Type Price (TRY) Observation
Resistance 1 ₺13.62 First recovery zone
Resistance 2 ₺14.07–₺14.25 Strong sell pressure seen here
Resistance 3 ₺14.31 Daily depth ceiling
Support 1 ₺13.21 Daily low and current price
Support 2 ₺12.90 (est.) Round psychological support (watch)
Support 3 ₺12.50 Historical support zone if sell-off deepens
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🔍 Trend Analysis
Indicator Signal
Short-Term Trend 🔻 Bearish
Momentum Weak, nearing oversold (watch)
MA Behavior MA(10) > MA(5), slope negative
Volume Trend Spiking — may indicate capitulation or demand
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🎯 Trade Setups
⚠️ Caution Zone (Falling Knife?)
Avoid aggressive buying unless bounce is confirmed via volume + candle reversal.
If breakdown continues below ₺13.21, next key zone is ₺12.90.
✅ Bounce Trade Setup
Entry: ₺13.25–₺13.30 (on bullish 1h candle)
Target: ₺13.60–₺14.00
Stop-Loss: Below ₺13.00
Volume Trigger: Needs confirmation above 500K
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📝 Summary
NEWT is testing key daily support at ₺13.21 with rising volume — potential bounce zone.
Trend is still weak; caution recommended for buyers.
Watch for reversal signals (like bullish engulfing candles or RSI divergence) before entry.
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