💥 $NEWT
USDT BEARISH DIVE – SELLERS TAKING FULL CONTROL!
The market has broken down sharply after a failed bullish attempt above $0.44. Currently, $NEWTUSDT is trading at $0.3739 (-7.31%), showing clear bearish momentum.
🔑 Key Levels:
Resistance: $0.4000 – $0.4200 (strong supply zone)
Support: $0.3690 (24h low) and below that $0.3500 psychological support
📉 Trade Setup (Short):
Entry Zone: $0.3750 – $0.3800
Take Profit Targets:
TP1: $0.3600
TP2: $0.3450
Stop Loss: $0.3900
📊 Short Market Outlook:
The trend has reversed into a strong bearish mode after rejection near $0.4485 highs. Momentum is currently in favour of sellers with no immediate bullish reversal signal on this timeframe. Caution for long entries until price stabilises above resistance.
⚠️ Risk Management:
Always use strict stop losses and risk only 1-2% of your capital per trade to protect from sudden volatility spikes.
buy and trade here on $NEWT
#Bearish #CryptoTrading #NEWT #BinanceAnalysis #ShortSetup
📝 Comment “💥” if you caught this move or planning to short below support!