Here is your premium Binance Square technical analysis post:
$NEWT USDT BEARISH REVERSAL – SELLERS TAKING CONTROL! ⚠️
NEWTUSDT has failed to sustain above its 0.3900 key level and is showing weakness with recent strong red candles. RSI is near 38, indicating bearish momentum is building, and MACD remains negative, confirming downward pressure.
TRADE SETUP:
Entry (Short): 0.3840 – 0.3860
Take Profit (TP):
TP1: 0.3730
TP2: 0.3600
Stop Loss (SL): 0.3920
MARKET OUTLOOK:
NEWTUSDT is likely to continue its bearish move towards support at 0.3730 if sellers hold below 0.3900. Watch for breakdown continuation patterns for confident short entries.
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buy and trade here on $NEWT