$NEWT

USDT SHORT TRADE SIGNAL 🔴

Price has surged +96% and is now showing signs of exhaustion after a vertical rally. The long upper wicks and decreasing volume suggest buyers are losing control, and a correction is likely. Current structure indicates lower highs with decreasing bullish momentum.

Trade Setup:

Entry Point: $0.5880 – $0.6000

Stop Loss: $0.6750

Take Profit 1: $0.5100

Take Profit 2: $0.4500

Margin: 2–3% of wallet

Leverage: 10x

Market Outlook:

Despite the explosive pump, price is forming a distribution zone with weakening bullish candles. Watch for potential breakdown below $0.56 to confirm short entry. Momentum indicators suggest overbought levels are unwinding.

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buy and trade here on $NEWT