$NEWT /USDT BEARISH SETUP š» | BUYERS LOSING STEAM NEAR RESISTANCE!
š Current Price: $0.3461
š 24h Change: +0.87%
š KEY LEVELS TO WATCH:
šŗ Resistance Levels: $0.3480 ā $0.3520 ā $0.3540
š» Support Levels: $0.3440 ā $0.3395 ā $0.3307
NEWT is showing sluggish momentum near the resistance band at $0.3480ā$0.3520, with wicks forming on the higher timeframe. A rejection here could trigger a bearish pullback, especially if it breaks below $0.3440.
š TRADE SETUP (SHORT):
š„ Entry Zone: $0.3460 ā $0.3480
šÆ TP1: $0.3395
šÆ TP2: $0.3307
ā Stop Loss: $0.3530
ā ļø RISK MANAGEMENT:
š Risk only 1ā2% of your capital per trade
š”ļø Stick to your SL to limit downside
šÆ Be patient ā let price confirm the setup
šØ Momentum is fading ā bears may be ready to strike! š»š
#NEWT #CryptoAnalysis #BearishSetup #ShortTrade #USFedBTCReserve #Write2Earn $NEWT