Bears have taken control after a sharp rejection at the resistance level. Momentum is heading down quickly, indicating a clean short setup.

$NEWT

Analysis in progress! 🔻

📉 Short entry area: 0.3285 – 0.3300

🎯 TP1: 0.3228

🎯 TP2: 0.3202

🛑 Stop loss: 0.3320

📊 Market outlook:

The price failed to regain resistance and printed a classic high-low reversal signal. As long as the price remains below 0.3300, expect the downtrend to continue towards demand areas. The perfect play for spread traders and day traders tracking weakness. #BTCBreaksATH #ShariaEarn #TrendTradingStrategy #FOMCWatch #BinanceHODLerLA