$NEWT /USDT BEARISH BREAKDOWN | SHORT TRADE SETUP IN PLAY!
Current Price: $0.3077 (-4.41%)
Trend: Continues to slide after failing key resistance — bears remain in control.
KEY LEVELS TO WATCH:
Resistance Zones:
• $0.3200 – Immediate resistance
• $0.3300 – Strong supply zone
Support Zones:
• $0.3015 – Current local support
• $0.2900 – Breakdown target
TRADE SETUP – SHORT POSITION:
Entry: $0.3080 - $0.3100
Target 1 (TP1): $0.3015
Target 2 (TP2): $0.2900
Stop Loss (SL): $0.3210
RISK MANAGEMENT:
Risk 1-2% max per trade. Stick to your plan and respect SL — avoid chasing the move.
📊 Summary: Weak structure with consistent lower highs. A break below $0.3015 confirms bearish continuation. Ideal short setup for momentum traders!
TRADE CAREFULLY & MANAGE RISK WISELY!
#TradingStrategyMistakes #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH #Write2Earn $NEWT