$NEWT /USDT BEARISH PRESSURE BUILDING — SUPPORT LEVELS LOOK VULNERABLE
$NEWT is trading near $0.289 after failing to sustain above $0.296 and slipping from the $0.309 high. Sellers are gradually tightening control, with the price hovering close to its 24h low at $0.284. A breakdown below this key support could accelerate downside momentum toward deeper levels.
Trade Setup (Short):
Entry Zone: $0.289 – $0.292
Target 1: $0.285
Target 2: $0.280
Target 3: $0.272
Stop Loss: $0.297
Market Outlook:
Bearish momentum is strengthening as the coin consolidates near support with lower highs forming. Unless bulls step in to reclaim $0.300 with strong volume, remains at risk of further decline. Watch closely for a decisive close below $0.284 to confirm the bearish continuation.
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buy and trade here on $NEWT