$NEWT Rocket Fuel Burnout: Time to Cool the Engines....

After an explosive vertical rally from $0.3000 to $0.8600, $NEWT shows strong signs of exhaustion with a sharp pullback and heavy selling pressure at the top wick. Price is now struggling to hold intraday gains, signaling a high-probability reversal setup.

📉 Short Trade Setup

• Entry Zone: $0.5840 – $0.5900

• TP1: $0.5180

• TP2: $0.4600

• TP3: $0.3980

• Stop Loss: Above $0.6250

Insight:

Parabolic moves often retrace quickly. This setup offers a clear opportunity to ride the downside momentum as buyers take profits and late entries get trapped at the top.