$NEWT USDT short trade signal 🚦 🛑

BEARS READY TO PRESSURE PRICE FROM RANGE TOP

Price is stalling near a well-defined resistance zone after multiple failed breakout attempts, signaling weakening bullish momentum. Sellers are beginning to step in, and a breakdown from the current consolidation could trigger a swift move toward lower supports. The setup favors short entries with a solid downside target.

Trade Setup (Short):

Entry Zone: 0.3490 – 0.3500

Take Profit 1: 0.3473

Take Profit 2: 0.3436

Stop Loss: 0.3525

Market Outlook:

Momentum is shifting bearish as the range top continues to reject price action. A decisive close below 0.3480 with increased sell volume will confirm the move, opening the path toward the 0.3436 support. Quick follow-through is likely once breakdown triggers.

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