$NEWT /USDT – Support Showdown Begins ⚔️
Current Price: $0.3051 (–2.99%) as NEWT tests key structure with $76.72M volume – heavy pressure at critical support zone.
📈 Long Setup (Reversal Attempt):
• Entry: 15m close above $0.3061
• TP1: $0.3100
• TP2: $0.3157
• SL: $0.3030
📈 Long Setup (Aggressive Support Bounce):
• Entry: $0.3034–$0.3040
• TP1: $0.3061
• TP2: $0.3084
• SL: $0.3020
📉 Short Setup (Breakdown Play):
• Entry: Close below $0.3034
• TP1: $0.3000
• TP2: $0.2950
• SL: $0.3050
🔍 Key Observations:
• EMA(7/25/99) cluster as layered resistance
• $248M volume shows intense speculative action
• Liquidity thin below $0.3034 – caution on breakdown
⚠️ Risk Guidance:
• Position Size: ≤0.5% (new coin = unstable)
• Leverage: DO NOT USE
• Smart Tip: Use OCO for precision entries/stops
💣 Reality Check: New tokens often trap traders with 15-20% fakeouts
📈 Best Case: Break above $0.3100 opens door to reclaim $0.3196 – trade with strict discipline!