🔻 $NEWT/USDT Weakness Detected – Bears Gaining Control 🐻
📈 Current Price: 0.4543 USDT
📊 24h Change: +51.43%
After a sharp rally from $0.2896 to $0.8558, $NEWT is now showing clear signs of exhaustion. The price is consolidating around $0.5808 with declining momentum and forming lower highs, suggesting a potential distribution phase.
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📉 Bearish Trade Setup (Short Entry Idea):
Entry Zone: $0.5800 – $0.5900
Take Profit 1 (TP1): $0.5200
Take Profit 2 (TP2): $0.4550
Take Profit 3 (TP3): $0.3900
Stop Loss (SL): $0.6300
🔔 A break below $0.5500 will likely confirm the bearish reversal. Bears are in control unless bulls push above key resistance levels.
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#NEWTUSDT #CryptoAlert #ShortTrade #BinanceSignals #AltcoinUpdate $NEWT
