$NEWT /USDC: Chart Update & Key Levels ๐Ÿ“Š

Current Price: $0.4206 (down 1.01% / Rs119.03)

Key Observations:

* Recent Volatility: NEWT has pulled back from a 24h high of $0.4508, currently trading near the middle of its 24h range, with a low of $0.4122.

* Moving Averages: The 7-period MA ($0.4189) is below the 25-period MA ($0.4223) and significantly below the 99-period MA ($0.4575), indicating a short-to-medium term bearish sentiment.

* Volume Action: We're seeing some buying volume attempting to hold the current price level after the recent dip.

What to Watch For:

* Can NEWT find strong support around the 24h low and initiate a recovery?

* Will sustained buying pressure help it

reclaim the 25-period MA?

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