$NEWT /USDT Rejection Confirms Bearish Shift 🔻📉
$NEWT has reversed hard from the 0.3220–0.3230 supply zone. After failing to sustain its upward momentum, the price slipped back below structure, flipping support into resistance a classic reversal setup.
🛑 Short Trade Signal:
• Entry: $0.3205
• Stop Loss: $0.3268
• Take Profit: $0.3090
• Leverage: 10x
• Risk Allocation: 2–3% of wallet
📊 Chart Insight:
Lower highs and rejection wicks on the 15m chart confirm a fading bullish move. Unless buyers reclaim $0.3230 with volume, this setup favors continuation to the downside. Traders are now targeting the next demand zone at $0.3090.