$NEWT

🚨 NEWT/USDT Perp Update – Real-Time

Price: ~$0.41 🔻 slight drop after recent volatility

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🔑 Structure & News

NEWT surged to ATH ~$0.82 following Binance HODLer airdrop listing on June 24, but then corrected ~40% to $0.46 amid massive profit-taking from recipients . On-chain, daily volume spiked above $800M, signaling intense short-term hype and distribution . Recent dip toward $0.36–$0.38 ranges aligns with price discovery phase behavior, with technicals suggesting potential recovery toward ~$0.55 (0.618 Fib) under renewed buying interest .

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📉 Support / Resistance

Support: $0.38–$0.39 (current base), deeper near $0.36

Resistance: $0.46–$0.50 (former airdrop high), extended $0.55–$0.60 Fib cluster

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🧠 Smart Money / Whale Flow

Airdrop-related token holders triggered the massive dump. No clear institutional accumulation yet; exchange supply remains elevated, signaling neutral smart-money bias.

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🎯 Sentiment: Neutral–Cautious

NEWT remains in a price-discovery regime with fragile structure. Current consolidation may resolve either into recovery or further weakness depending on volume and support hold.

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Trade Ideas

• Long bias: Entry $0.38–$0.40, SL $0.36, TP1 $0.46–$0.50, TP2 $0.55

• Momentum long: Entry >$0.46, SL $0.44, TP $0.55–$0.60+

• Short bias (if rejection at $0.46–$0.50): Entry $0.48, SL $0.51, TP1 $0.40–$0.38

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Watch for volume spikes and trend validation above $0.46 to assess next leg. #NEWT_USDT #NewtonProtocol #PriceDiscovery