$NEWT /USDT SHORT TRADE SIGNAL๐ด
Price has tested the $0.3595 resistance and is showing signs of rejection after an extended bullish move from the $0.3445 low. This zone could act as a short-term supply area, prompting a pullback toward lower supports.
๐น Trade Setup
Entry Point: $0.3575 โ $0.3590
Stop Loss: $0.3620
Take Profit 1: $0.3536
Take Profit 2: $0.3504
Margin: 2โ3% of wallet
Leverage: 10x
๐ Market Outlook: Momentum is slowing near resistance, and profit-taking could trigger a short-term retracement. A break below $0.3536 would strengthen the bearish scenario. ๐จ
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