$NEWT USDT – REJECTION FROM 99 MA? SHORT TRADE SETUP ON THE TABLE
TOUCHED 99 MA AND PULLED BACK
STRUGGLING TO HOLD ABOVE RESISTANCE
$NEWT USDT faced rejection right at the 99-period MA (0.3417), showing a bearish wick after testing intraday highs. With a weakening structure and loss of momentum below resistance, a short trade setup is building.
SHORT TRADE SETUP:
Entry: $0.3405
Targets: $0.3360 / $0.3315
Stop Loss: $0.3438
A failed breakout above the 99 MA signals potential downside. Watch for further weakness below $0.3380 to confirm.
#NEWTUSDT #CryptoSignals #ShortTrade #BearishReversal #BinanceFutures