📉 $NEWT SHORT-TERM OUTLOOK: BEARISH BIAS 🔍⚠️

NEWT

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NEWT is showing weakness on the short-term charts. Price continues to trade below key EMAs on the 15m–1h timeframe, keeping sellers in control. Attempts to bounce are shallow and quickly rejected, forming lower highs — a classic bearish structure. RSI remains below the 50 level, signaling weak momentum and lack of buyer conviction. Volume does not support a bullish reversal yet, with stronger activity appearing on red candles. Unless NEWT reclaims and holds above short-term EMAs with rising volume, the next hours favor sideways to downward movement rather than upside continuation. Discipline beats hope.

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