Scalperfrom

$NEWT USDT Short Opportunity (Medium Format)

Trade Setup:
- Resistance: $0.3068 (tested & holding)
- Entry Zone: $0.3054-0.3068
- Stop Loss: $0.3131
- Take Profit: $0.2910
- Risk: 2-3% at 10x leverage

Key Observations:
1. Price showing rejection at resistance
2. Bearish structure remains valid below $0.3070
3. Previous short target successfully hit

Confirmation Needed:
- Sustained price action below $0.3050
- Increasing sell volume

Risk Warning:
- Invalidation above $0.3131
- Monitor for potential fakeouts

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