š¦ $NEWT /USDT Bearish Breakdown in Motion! š
$NEWTUSDT is flashing strong bearish momentum after repeated rejections from the resistance zone near $0.3484. Price has now cracked below mid-range supports, highlighting fresh sell pressure and opening the door for further downside.
š» Short Trade Setup
ā¢ Entry Zone: $0.3360 ā $0.3390
ā¢ Target 1: $0.3300
ā¢ Target 2: $0.3250
ā¢ Target 3: $0.3211
ā¢ Stop Loss: $0.3485
š Key Insight: Bearish momentum on the lower timeframes is supported by consecutive rejection wicks. As long as price stays below $0.3393 resistance, sellers remain in control, with room to push toward deeper intraday support levels. Ideal setup for short-term traders watching a clean breakdown continuation.