$NEWT USDT – SHORT TRADE SIGNAL🔴

🔻REJECTION AT LOCAL RESISTANCE

🔻LOWER HIGH FORMED BELOW $0.3435 ZONE

$NEWT is showing clear signs of exhaustion after failing to break above the resistance at $0.3435. Price action has printed a bearish rejection wick near $0.3406, followed by a lower high structure, signaling potential downside. The coin is hovering around $0.3370, struggling to sustain upward momentum.

🔽 Key Technical Levels:

Resistance Zone: $0.3406 – $0.3435

Support Zones: $0.3268 and $0.3250

Breakdown Zone: Below $0.3300 opens up further downside

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📉 TRADE SETUP:

• Entry Point: $0.3370 – $0.3400

• Stop Loss: $0.3435

• Take Profit 1: $0.3268

• Take Profit 2: $0.3250

• Margin: 2–3% of wallet

• Leverage: 10x

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📊 Market Outlook:

Momentum fading at local resistance. If bearish pressure holds, we expect a drop toward previous demand zones. Caution advised if reclaim above $0.3435 occurs.

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