$NEWT /USDT – BEARS DOMINATE AS PRICE REMAINS BELOW KEY AVERAGES 📉⚠️

NEWT/USDT is down -9.64%, slipping from the $0.3639 high to test support near $0.3373. Price action remains weak, trading below both MA-25 and MA-99, showing bearish momentum is still in control. Any recovery attempts face resistance at $0.3480–$0.3500.

📊 Trade Setup (Short)

Entry Zone: $0.3420 – $0.3450

Take Profit 1: $0.3360

Take Profit 2: $0.3300

Stop Loss: $0.3500

📈 Market Outlook:

The structure remains bearish as moving averages align with downward pressure. A sustained close below $0.3370 could trigger further downside, while a breakout above $0.3500 would be the first sign of recovery.

#NEWTUSDT #BearishSetup #CryptoTrading #PriceAction #Binance

buy and trade here on $NEWT