$NEWT /USDT SHORT TRADE SIGNAL🔴
REJECTION AT SUPPLY ZONE NEAR $0.3739 🚫
RSI BEARISH STRUCTURE AT LOCAL TOP 🔻
PRICE FAILS TO HOLD ABOVE MINOR RESISTANCE
NEWT is showing signs of exhaustion after a short-term bounce. Price has hit resistance at $0.3739 and is failing to break through. RSI is flattening near 52, hinting at weakening momentum. A reversal is likely with a high-risk reward setup below $0.3714.
🔴 Trade Setup:
• Entry Point: $0.3690 – $0.3714
• Stop Loss: $0.3787
• Take Profit: $0.3564 – $0.3492
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
Bearish rejection at lower high level. Unless $0.3739 is broken decisively, price is likely to drop back to support at $0.3564 or lower.
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