$NEWT

USDT is currently trading at $0.3985, showing weakness after failing to sustain above the $0.4100-$0.4150 resistance zone. The price action indicates bearish momentum with lower highs forming on the 15m chart.

📊 Key Levels:

Resistance: $0.4050 – $0.4150

Support: $0.3900 – $0.3835 (24h low)

Current Price: $0.3985

💥 Trade Setup (Short):

Entry: $0.3980 – $0.4000

Take Profits:

TP1: $0.3940

TP2: $0.3900

TP3: $0.3850

Stop Loss: $0.4055

📉 Market Outlook: The trend remains under bearish control on lower timeframes with sellers defending resistance levels aggressively. Unless it breaks above $0.4050, further downside towards $0.3900-$0.3850 is expected in upcoming sessions.

⚠️ Risk Management: Always risk only 1-2% per trade. Stick to your stop loss and adjust position size according to your capital. Protect your capital first, profits come next.

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