$NEWT

USDT BEARISH STRUCTURE HOLDS — LOWER HIGHS SIGNAL CONTINUED WEAKNESS

$NEWTUSDT is trading at 0.3060, down -5.76% in the last 24H, showing persistent downside pressure. On the 1H chart, the price has been consistently rejected from lower resistance levels while forming a bearish flag breakdown. This confirms that sellers continue to dominate and any bullish attempts lack strength.

📉 Key Levels:

Resistance Zones:

Major: $0.3430

Mid: $0.3280

Immediate: $0.3100 (recent rejection zone)

Support: $0.3015 (24H low & psychological level)

Current Price: $0.3060

With price struggling below the $0.3100 zone and repeatedly getting rejected, a breakdown below $0.3015 could trigger fresh lows.

🚨 Trade Setup – Short Trade Signal 🔴

Entry Zone: $0.3060 - $0.3080

Stop Loss: $0.3125

Take Profit Targets:

TP1: $0.3010

TP2: $0.2950

TP3: $0.2880

Leverage: 10x

Position Size: 2-3% of wallet

📊 Market Outlook: The broader trend remains bearish, with lower highs and continued resistance rejection. Unless the price breaks above $0.3125 with strong volume, short positions are favorable. Momentum remains with sellers.

⚠️ Risk Management: Use a tight SL to limit exposure in case of sudden wicks. Avoid overtrading during low volatility periods and wait for confirmation within the entry zone.

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