$NEWT /USDT short trade signal ๐Ÿ›‘ ๐Ÿšฆ

BEARISH REVERSAL EYEING LOWER SUPPORTS

$NEWT is showing clear rejection from the intraday resistance zone, with sellers regaining control after a failed attempt to reclaim the 0.3470โ€“0.3490 supply area. Price action has broken down from short-term consolidation, signaling momentum towards deeper supports if bids donโ€™t step in soon.

Trade Setup (Short):

Entry Zone: 0.3425 โ€“ 0.3435

Take Profit 1: 0.3376

Take Profit 2: 0.3358

Take Profit 3: 0.3318

Stop Loss: 0.3499

Market Outlook:

Momentum is currently favoring bears with a strong lower-high structure on the 15M chart. Volume bias is slightly negative, and failure to close above 0.3436 could keep the downtrend intact towards the 0.3318 key demand zone. A clean break below 0.3376 would confirm further downside pressure.

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