🚨$NEWT /USDT Nearing Make-or-Break Levels: Crash or Rebound Ahead?
NEWT/USDT lingers near all-time lows at $0.323 (-0.92%), with RSI deeply oversold at 23.51, signaling potential exhaustion. The coin faces a critical test—will it stabilize or plunge to $0.3?
Key Levels to Watch:
- Resistance: $0.3307 (immediate), $0.3451 (next hurdle)
- Support: $0.3203 (24h low), $0.3163 (last defense before $0.3)
Trade Strategy:
1. Safe Entry: Wait for confirmation above $0.3307 with rising volume.
2. Aggressive Entry: High-risk buy near $0.3163 if RSI shows reversal.
3. Targets: $0.3451 (6.8% upside) or $0.3738 (15.7%) if momentum returns.
4. Risk: Breakdown below $0.3163 opens path to $0.3 (5.1% drop).
Volume remains weak, so caution is key. Watch BTC’s movement—NEWT may follow broader market trends.