🛑 $NEWT /USDT Bearish Breakdown in Play! 🔻
$NEWT /USDT has slipped beneath its critical support at $0.3273, flashing a clear bearish structure as sellers overpower recent buyers. A sharp rejection near $0.3328 further fuels downside momentum, hinting at a potential continuation lower.
🔹 Trade Setup (Short):
• Entry Zone: $0.3260 – $0.3273
• Take Profit: $0.3134
• Stop Loss: $0.3328
📌 Key Insight: Price action is stacking lower highs while failing to reclaim resistance. This breakdown of previous consolidation could drag $NEWT deeper unless bulls reclaim $0.3328 fast. Watch closely for increased sell-side volume to confirm the move.