$NEWT /USDT short trade signal 🚦 🛑
SELLERS TIGHTEN GRIP AS PRICE THREATENS FRESH LOWS
$NEWT remains under heavy bearish pressure after a sharp breakdown, consolidating just above the $0.3110 support zone. Attempts to reclaim higher levels have been met with immediate rejection, signaling continued dominance by sellers. A decisive break below current support could accelerate losses toward the $0.2950 area.
Trade Setup (Short Bias)
Entry Zone: $0.3180 – $0.3200
Take Profit 1: $0.3090
Take Profit 2: $0.2950
Stop Loss: $0.3254
Market Outlook:
Trend structure remains firmly bearish with lower highs and increasing sell volume. Momentum favors the downside, and without a strong reclaim above $0.3200, the path of least resistance is a continuation lower.
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buy and trade here on $NEWT