🚨 $NEWT /USDT — Sharp Decline with Potential for Rebound
$NEWT is currently trading at $0.4728, down significantly by 44.64%. The price has dropped from a recent high of $0.8568 to a low of $0.4362, showing strong selling pressure. Volume remains high at 361.29M NEWT with USDT volume of $200.94M.
Short-term traders should watch for potential stabilization around the current level, with possible support near $0.4350.
Trade Setup:
Entry: $0.4600 – $0.4750
Targets: $0.5200 / $0.5800 / $0.6500
Stop-loss: $0.4400
⚠ Monitor for any signs of reversal before committing.