🔻 $NEWT

USDT BEARISH TRADE SETUP – POTENTIAL DROP AHEAD, WATCH CLOSELY! ⚠️🔴

$NEWTUSDT has faced rejection from the upper resistance zone and is now showing signs of weakness. The price is currently at 0.4128, struggling to hold above the resistance, indicating sellers might take control soon.

🔑 Key Levels:

Resistance: 0.4145 – 0.4267

Support: 0.3900 and stronger support near 0.3787

📉 Trade Setup (SHORT):

Entry Zone: 0.4145 – 0.4128

Take Profit (TP): 0.3787

Stop Loss (SL): 0.4267

🌐 Market Outlook: NEWTUSDT has formed a potential bearish reversal pattern on the hourly chart after failing to break above 0.4267. If selling momentum increases, the price is likely to retrace towards 0.3900 and potentially 0.3787 support zones.

⚠️ Risk Management: Maintain SL at 0.4267. Risk only 1-2% of your capital per trade to protect your portfolio from unexpected volatility.

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buy and trade here on $NEWT