$NEWT /USDT – SHORT TRADE SIGNAL 🔴
Price is consolidating below $0.2985 – $0.3000 resistance after a steady decline from the $0.3100 supply zone. Sellers are maintaining pressure, and a breakdown under $0.2950 could extend losses toward the lower support at $0.2910 – $0.2900.
Trade Setup
• Entry Point: $0.2960 – $0.2970
• Stop Loss: $0.3001
• Take Profit 1: $0.2930
• Take Profit 2: $0.2910
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
Momentum remains bearish below $0.3000. If the price sustains under $0.2950, sellers could drive it further to retest $0.2910. A reclaim above $0.3000 would invalidate this setup.