$NEWT /USDT SHORT TRADE SIGNAL🔴
DEAD CAT BOUNCE AFTER SHARP DUMP
WEAK REJECTION FROM INTRADAY RESISTANCE
SELL PRESSURE BUILDING BELOW $0.4600
NEWT saw a strong pump but quickly retraced from the $0.5773 high. After bouncing off the $0.4362 low, price is now struggling below $0.4600, forming lower highs with reduced volume — a typical exhaustion pattern.
🔻 Trade Setup (Short):
• Entry Point: $0.4500 – $0.4600
• Stop Loss: $0.4700
• Take Profit: $0.4360 ➤ $0.4290
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
Short-term rebound looks weak. If price fails to reclaim $0.4600, bears likely take control again with a retest of the local lows near $0.43. $NEWT
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