$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