$NEWT Breakdown Incoming? ⚠️
🔻 SELL ZONE: 0.5100 – 0.5300
⚠️ Leverage: Cross (5x–10x)
🎯 TARGETS:
1. 0.4850
2. 0.4600
3. 0.4200
❌ STOPLOSS: Above 0.5820
📌 Structure Insight: NEWT shows exhaustion after a sharp rally, now printing lower highs. The $0.5000 support is under pressure if it breaks, a sharp drop toward $0.4600 or lower is likely.
📍Resistance: 0.5300 – 0.5750
📍Support: 0.4600 – 0.3920
🔎 Breakdown Watch: Hourly close below $0.5000 confirms weakness bearish continuation expected.