⚠️ $NEWT USDT BEARS IN CONTROL — CRITICAL SUPPORT BREAKDOWN!
$NEWT just cracked below its 15-min range and touched a new intraday low at $0.3126. A clear lower high formation and sharp red volume spikes are showing no signs of bullish defense. If bulls don’t step in fast, this could extend deeper into bearish territory.
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🔻Trade Setup (SHORT):
Entry Zone: $0.3140 – $0.3160
Take Profit 1: $0.3055
Take Profit 2: $0.2960
Stop Loss: $0.3215
📉 Market Outlook:
The 24h high at $0.3558 was aggressively sold off, leading to consecutive red candles. Price action confirms a strong downtrend with every bounce sold into. Volume remains heavy on dumps, and momentum favors further downside as long as $0.3210 isn’t reclaimed.
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buy and trade here on $NEWT