$NEWT USDT SHORT TRADE SIGNAL🔴
The recent explosive spike in $NEWTUSDT was swiftly met with strong selling pressure, forming a clear pump-and-dump structure. Price is now consolidating just above $0.52, with consistent lower highs and weakening bullish attempts — indicating exhaustion and a possible deeper correction.
Trade Setup:
Entry Point: $0.5250 – $0.5350
Stop Loss: $0.5650
Take Profit:
TP1: $0.4800
TP2: $0.4400
TP3: $0.3900
Margin: 2–3% of wallet
Leverage: 10x
Short Market Outlook:
Despite the initial surge, volume has dropped and momentum is fading. With resistance formed near the 0.60 zone and no strong demand showing up, a retracement toward earlier support levels looks likely. Caution advised for bulls.
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buy and trade here on $NEWT