🚨 $NEWT /USDT Breakdown Alert – Bears in Control, But Opportunity Awaits 🧨

Current Price: $0.3599 (▼ 3.98%)

24h Range: $0.3548 – $0.3938

Volume: 176.19M NEWT and 64.78M USDT in the past 24h

🔻 Bearish Setup in Play

Price is trading below EMA(7), EMA(25), and EMA(99) — trend remains bearish

Immediate resistance at $0.3628–$0.3631, with EMA(99) at $0.3724 acting as a key ceiling

Support sits at $0.3548. A break below targets $0.3539 or lower

📉 Trade Setup

Short Entry: Below $0.3548

Target: $0.3539 – $0.3480

Stop-loss: Above $0.3631

Long Entry (Cautious): Only if price reclaims $0.3631 with volume

Target: $0.3724 then $0.3938

Stop-loss: Below $0.3590

📊 Market Mood

Strong volume shows interest, but sellers dominate. RSI nearing oversold — potential for bounce if support holds

💡 Final Word:

Bears lead the game for now. Trade the breakout or wait for EMA reclaim to go long. Stay sharp — volatility’s high, and the next move could be quick.

Set alerts. Be early. Manage risk like a pro. ✅

$NEWT