đ§Ș $NEWT /USDT â Gravity Hits Post-Launch Hype!
đ Timeframe: 15M | đ° Current Price: $0.5771
đ Change: -0.71% | đ Volatility Surge on listing, followed by consolidation under MA7
â ïž Technical Breakdown:
đ Initial Pump: Price launched from ~$0.25 to above $0.80 within the first 30 minutes â pure listing FOMO.
đ„ Sharp Reversal: Strong upper wicks show heavy profit-taking.
đ MA7 Curling Down: First warning sign of buyer exhaustion.
đȘ Lower Highs + Flat Support: Compression zone is forming â likely a decision point coming soon.
đź Short-Term Scenarios:
đŒ Bullish Scenario (less likely unless volume returns fast)
Reclaiming $0.60 = possible move to retest $0.70
Break above $0.70 opens road to re-challenge listing top near $0.80â$0.85
đœ Bearish Scenario (currently in play)
Breakdown below $0.57 = $0.52â$0.50 region likely
Sub-$0.50 = deep retracement toward $0.42 or even launch base near $0.30
đŻ Early Targets:
1ïžâŁ Resistance 1: $0.60
2ïžâŁ Resistance 2: $0.70
3ïžâŁ Resistance 3: $0.83
đ Support Levels:
$0.57 (current local floor)
$0.52
$0.45
đ§ Verdict:
NEWT is in classic âlisting euphoria â cool-offâ mode. Unless aggressive new buyers step in, price may drift lower in search of support. A short-term break above $0.60 with volume would change the narrative.
For now: caution rules, entries only on confirmed reclaim or clear bounce zone test.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can be volatile â always trade responsibly!