🔻 $NEWT USDT short trade signal 🛑 🚦
REJECTION FROM RESISTANCE — BEARISH SETUP IN PLAY 🔻
SHORT TRADE SIGNAL
$NEWTUSDT has repeatedly failed to break above the $0.3172 – $0.3202 resistance zone. This supply area is acting as a strong ceiling on the 15-minute chart, confirming a bearish price action structure. Sellers are stepping in, setting up a clean short opportunity with solid downside potential.
📉 Trade Setup
• Short Entry Zone: $0.3165 – $0.3175
• Stop Loss: $0.3202
• Take Profit Targets: $0.3090 / $0.3043 / $0.3014
• Margin: 2-3% of wallet
• Leverage: 10x
📊 Market Outlook:
Volume remains weak on the bullish side while resistance holds firm. Expect sellers to dominate if price fails to reclaim $0.3175. Ideal conditions for a scalping short!
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