$NEWT
TUSDT BEARISH MOVE – SELL PRESSURE STILL DOMINANT
NEWTUSDT is showing continuous lower highs with weak bounce attempts, indicating sellers are still in control. The current price is struggling near $0.3303 after failing to reclaim $0.3350 resistance, suggesting further downside potential if market sentiment remains risk-off.
🔻 Trade Setup (Short):
Entry Zone: $0.3300 – $0.3320
Targets:
🎯 TP1: $0.3250
🎯 TP2: $0.3200
Stop Loss: $0.3360
📊 Market Outlook:
Momentum remains bearish on the 1H chart as lower support tests continue. A break below $0.3196 (24H low) could accelerate selling towards deeper support areas. Stay cautious of sudden market reversals and news events that can trigger short squeezes.
⚠️ Risk Management:
Use strict SL and manage position size to control risk exposure.
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buy and trade here on $NEWT