$NEWT

USDT BEARISH TREND EXTENDS – CAN BULLS DEFEND THIS LAST SUPPORT?

$NEWTUSDT is currently trading at 0.3280, showing a strong downtrend continuation with repeated lower highs and heavy bearish candles. Buyers are struggling to reclaim lost levels.

🔑 Key Levels:

Resistance: 0.3340 – 0.3430 (previous breakdown zone)

Support: 0.3200 (critical horizontal support)

🎯 Trade Setup (Short):

Entry Zone: 0.3280 – 0.3300

Take Profit Targets:

TP1: 0.3220

TP2: 0.3190

Stop Loss: 0.3345 (above minor resistance zone)

📊 Market Outlook: The overall momentum is bearish with persistent supply pressure. If 0.3200 support fails to hold, accelerated selling could drive the price further down, while a breakout above 0.3345 will invalidate this short setup and signal potential recovery towards 0.3430.

⚠️ Risk Management: Always use a strict stop-loss with 1-2% maximum capital risk per trade, as sudden wicks or news events can invalidate technical setups rapidly in small cap or micro cap tokens.

buy and trade here on $NEWT

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