$NEWT

USDT BEARISH FREEFALL – SELL PRESSURE DOMINATES THE CHART 🔻

$NEWTUSDT is continuing its sharp downward slide on the 15m timeframe, with consistent lower highs and lower lows indicating strong bearish momentum. Sellers are firmly in control as the price struggles to hold any upward recovery.

🔑 Key Levels:

Support: $0.3550 (immediate support), $0.3500 (next major support zone)

Resistance: $0.3650 and $0.3750

Current Price: $0.3585

📉 Trade Setup (Short Entry):

Entry Zone: $0.3580 – $0.3620

Take Profits:

TP1: $0.3550

TP2: $0.3500

TP3: $0.3450

Stop Loss: $0.3680 (above minor resistance zone)

🌐 Short Market Outlook: NEWT is firmly in a bearish trend with no strong reversal signals appearing yet. As long as the price remains below $0.3650, downside continuation is likely, with sellers targeting the $0.3500 zone in coming sessions.

⚠️ Risk Management: Use strict stop loss to avoid unexpected reversals. Risk only 1-2% per trade and align your position size with your overall account strategy for disciplined execution.

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