$NEWT /USDT – BULLISH MOMENTUM SLOWS NEAR RESISTANCE, MINOR PULLBACK LIKELY!

$NEWT/USDT surged from the $0.3307 base to hit a high of $0.3510, showing strong bullish momentum. However, recent candles indicate price hesitation near resistance with reduced volume and a weakening MACD histogram, suggesting a possible short-term pullback or consolidation before continuation.

Trade Setup (SHORT):

Entry Zone: $0.349 – $0.351

Take Profits:

• TP1: $0.343

• TP2: $0.338

• TP3: $0.331

Stop Loss: $0.355

Market Outlook:

While the trend remains bullish overall, current price action shows overextension. MACD is flattening out, and volume is fading, indicating exhaustion. A short-term correction could offer better re-entry opportunities for bulls lower.

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