🚨$NEWT /USDT Approaching Make-or-Break Levels ....‼️
NEWT/USDT slides to $0.3319 (-5.04%), nearing critical support. The extreme RSI at 10.7 signals oversold conditions, hinting at possible bounce.
Key Levels:
Resistance: $0.3328 (immediate), $0.3952 (next major)
Support: $0.3307 (24h low), $0.2720 (strong floor)
Trade Plan:
- High-risk buy near $0.3307 if RSI reversal appears
- Conservative targets: $0.3328 (0.3%), $0.3952 (19%)
- High risk: Breakdown below $0.3307 may plunge to $0.2720 (18% drop)
Volume remains weak vs averages. Only for risk-tolerant traders - wait for confirmation of reversal. Better opportunities may emerge if BTC stabilizes.