$NEWT USDT short tread signal 🛑 🚦
BEARISH BREAKDOWN – SELLERS READY TO STRIKE
$NEWTUSDT is showing strong bearish momentum after repeated rejections from the resistance zone near 0.3484. Price has broken below mid-range support levels, indicating potential for further downside if bears maintain pressure.
🔻 TRADE SETUP
Entry Zone: 0.3360 – 0.3390
Take Profit 1: 0.3300
Take Profit 2: 0.3250
Take Profit 3: 0.3211
Stop Loss: 0.3485
📊 MARKET OUTLOOK The trend is bearish on the lower time frames with rejection candles confirming seller dominance. As long as price stays below 0.3393 resistance, downside targets remain valid. Momentum favours short scalps towards intraday support levels.
⚠️ RISK MANAGEMENT Use proper position sizing with tight stop-loss to manage volatility risk effectively.
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buy and trade here on $NEWT