$NEWT USDT – BEARS BREAK SUPPORT, EYEING DEEPER DOWNSIDE MOVE

$NEWTUSDT has broken below a key support zone after a sustained downtrend, signaling that sellers remain firmly in control. The failed retest of the broken support turned resistance confirms bearish momentum, with price now targeting lower levels if selling pressure continues.

Trade Setup (Short):

Entry: $0.3580 – $0.3600

TP1: $0.3525

TP2: $0.3500

SL: $0.3640

Market Outlook:

Momentum remains bearish with no signs of reversal yet. Unless bulls reclaim $0.3650 with strong volume, the market is likely to test fresh intraday lows.

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