$NEWT /USDT – SHORT TRADE SIGNAL 🔴
REJECTED NEAR RESISTANCE
RAPID SPIKE, SHARP DUMP
BEARISH ENGULFING AT LOCAL TOP
$NEWT made a swift rally to $0.3946 but faced strong rejection just below $0.40. A sharp red candle followed, engulfing previous gains — a classic reversal signal.
🔴 Short Setup
• Entry Zone: $0.3820 – $0.3860
• Take Profit: $0.3680
• Stop Loss: $0.3955
Market Outlook:
Momentum is fading after a dead-cat bounce. If $0.378 breaks, sellers may accelerate toward intraday lows.
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