$NEWT USDT BEARISH PRESSURE – EXPECTING ANOTHER DROP SOON ⚠️
NEWT is facing continuous selling pressure on the 15m chart, failing to reclaim the 99 MA (0.3088). Despite a minor bounce from the 0.3042 support, the trend remains bearish with lower highs and price struggling below major moving averages.
Trade Setup (Short):
Entry Zone: 0.3075 – 0.3085
Take Profit 1: 0.3050
Take Profit 2: 0.3035
Stop Loss: 0.3100
Market Outlook:
Bearish momentum is active as price remains under the 25 MA (0.3064) and 99 MA. Any rejection from the 0.3085 zone will likely trigger a continuation towards recent lows, unless buyers step in with strong volume above 0.3100.
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buy and trade here on $NEWT