$NEWT /USDT – Downtrend May Continue
Current Price: $0.4161
24h High: $0.4854
24h Low: $0.3370
Volume: 160.32 Million NEWT
Category: AI | Gainer
Why the Price May Fall
NEWT has failed to stay above $0.4380 resistance and is now moving lower. Sellers are active, and the price is losing strength. If it breaks below $0.4100, the downtrend may speed up.
Key Levels to Watch:
Resistance (Strong selling area): $0.4380 – $0.4470
Support (Break = further fall): $0.4000 and $0.3830
Trade Setup (Short Position for Futures):
Sell Between: $0.4150 – $0.4180
Stop Loss: Above $0.4470
Target 1: $0.4110
Target 2: $0.4070
Target 3: $0.4000
Summary
NEWT is starting to drop from the top. If it goes below $0.4100, more downside is likely. A short trade can work well here, but risk control is important. Use stop loss to stay safe.