$NEWT USDT BEARISH SETUP – SELLERS CONTROL THE TREND, FURTHER DROP LIKELY

NEWT is currently trading at 0.3070, down by 4.45%, after failing to sustain above its recent high of 0.3196. Price action shows a clear downtrend with lower highs and lower lows, signalling continued bearish pressure in the immediate sessions.

TRADE SETUP (SHORT):

Entry: 0.3070 – 0.3090

Targets (TP):

• TP1: 0.3030

• TP2: 0.2990

Stop Loss (SL): 0.3135

MARKET OUTLOOK:

The momentum is bearish as price struggles below the 0.3100 psychological level, with sellers dominating each bounce. Unless buyers reclaim above 0.3135, downside targets remain in play for short scalps.

Risk Management:

Always set strict SL to control losses and manage lot size according to your risk profile.

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