$NEWT 🌪️📉 NEWT/USDT SHORT PLAN — 10x Leverage Strategy 📉🌪️
🔻 Based on the strong pump and overbought RSI signal 🔻
📌 Trade Type: Short (Sell)
⚡ Leverage: 10x
📈 Timeframe: 1 Day Chart (1J)
🎯 Entry Zone (Sell Entry):
👉 $0.5040 – $0.5080
Price is showing exhaustion after +37% daily pump. Ideal for reversal entry.
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🚫 Stop Loss (SL):
🔺 $0.5450
Above the 24h high ($0.5408) to protect against final bullish spike.
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✅ Take Profit (TP):
🔻 $0.3980 – $0.4100
This is the support zone from the last consolidation. High probability area.
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🧱 Resistance Level:
🔼 $0.5400 – $0.5450
Strong rejection expected here. Watch closely for reversal confirmation.
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📊 Key Indicators:
RSI(6) = 94.24 → Overbought 🟠
Massive green volume spike = likely exhaustion
MA(7) and MA(25) starting to diverge = volatility ahead
Last support = $0.2980, but TP is conservative to secure profit
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⚠️ Risk/Reward Estimate (10x Leverage):
🔺 Risk: ~8%
✅ Reward: ~20%
📈 Potential ROI: x2 or more on 10x leverage with correct entry
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🔥 Pro Tip: Always confirm short entries with a reversal candle or volume drop on lower timeframes (15min–1h) before entering fully.
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