$NEWT – SHORT TRADE SIGNAL🔴
Failed Recovery at EMA Resistance Zone ⚠️
Lower High Confirmed Below $0.3472 Cluster 📉
$NEWT continues its downtrend after a sharp rejection from the EMA99 at $0.3472. Price action shows lower highs and consistent failure to reclaim bullish territory. The breakdown from $0.3554 to $0.3417 has created strong bearish momentum, with sellers stepping in aggressively at each bounce.
Trade Setup:
• Entry Point: $0.3445 – $0.3465
• Stop Loss: $0.3495
• Take Profit:
– TP1: $0.3410
– TP2: $0.3375
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook: Downtrend remains intact as long as price stays below $0.3472. Breakdown continuation expected with increased selling volume. 🔻📊
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