$NEWT /USDT – Short Trade Entry Opportunity! 🔥💯
After a sharp upside wick and heavy rejection from $0.86, $NEWT /USDT has broken structure and is forming lower highs. Selling pressure remains dominant with price consolidating near support before potential further drop.
Entry: 0.548
Target 1: 0.50
Target 2: 0.42
Target 3: 0.299
Stop Loss: 0.686
Risk Management:
Use 3–5% of portfolio per trade. Shift SL to breakeven after first target is hit. Consider trailing SL to lock gains if momentum accelerates.
Pro Tip:
Watch for increased sell volume on 15m breakdown candles – this would confirm strong bearish continuation.
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