$NEWT /USDT Long Trade signal 🚦 🟢
BULL RUN COOLING OFF, SHORT OPPORTUNITY EMERGING 📉🔥
NEWT’s explosive rally has hit resistance at $0.3930, with clear rejection candles signaling buyer exhaustion. Price is now struggling to reclaim the $0.3817–$0.3848 zone, suggesting that sellers may take control for a corrective move towards lower support.
🔻 Trade Setup (Short Entry):
Entry Zone: 0.3770 – 0.3817
Target 1: 0.3692
Target 2: 0.3635
Stop Loss: 0.3848
📊 Market Outlook:
Momentum has shifted from overbought highs to consolidation under resistance. A breakdown from $0.3770 will likely invite further bearish pressure toward the $0.36 range. Caution advised for long positions until key resistance is reclaimed.
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buy and trade here on $NEWT