$NEWT SHORT TRADE SIGNAL🔴
🔻STRONG REJECTION FROM SUPPLY ZONE
🔻BEARISH CANDLE CONFIRMATION NEAR RESISTANCE
Price hit the 0.3635–0.3729 resistance band and got sharply rejected, forming a bearish engulfing pattern. The market failed to close above the key resistance zone, indicating seller dominance. A clean rejection below 0.3638 confirms short-term weakness with possible downside continuation.
Trade Setup:
• Entry Point: $0.3580 – $0.3590
• Stop Loss: $0.3651
• Take Profit:
• TP1: $0.3536
• TP2: $0.3447
• TP3: $0.3353
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook: Price is now trading below resistance and showing bearish continuation signs. Unless it reclaims 0.3635+, lower levels are likely.
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