$NEWT SHORT TRADE SIGNAL🔴
🟥 Rejection From Resistance Zone
📉 Breakdown Below Consolidation Base
$NEWT is trading at 0.3776, having rejected strongly from the 0.4000–0.4190 resistance zone. After multiple failed attempts to break higher, price has now broken below the 0.3828–0.3777 support band, confirming bearish continuation. The structure shows lower highs and a fresh breakdown candle, suggesting further downside toward deeper demand zones.
🔻Trade Setup:
• Entry Point: 0.3780 – 0.3828
• Stop Loss: 0.4003
• Take Profit: 0.3163
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook: Expect continuation lower as long as 0.3828 holds as resistance. Breakdown confirms bearish momentum toward the 0.3160 target zone.
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