$NEWT /USDT BEARISH BREAKDOWN ๐Ÿ”ป | SELL SETUP ACTIVE

๐Ÿ“‰ Current Price: $0.4161

The pair is down -12.88%, indicating strong bearish momentum. The price has broken below key support zones and is hovering near the intraday low of $0.3920, showing signs of further downside potential.

๐Ÿ” Key Technical Levels:

Resistance Levels:

๐Ÿ”บ $0.4400 โ€“ Immediate resistance

๐Ÿ”บ $0.4600 โ€“ Major resistance from prior consolidation

Support Levels:

๐Ÿ”ป $0.4100 โ€“ Weak short-term support

๐Ÿ”ป $0.3920 โ€“ Daily low and key breakdown level

๐Ÿ”ป $0.3800 โ€“ Potential next support zone if breakdown continues

๐Ÿ“‰ ๐Ÿ”ป SHORT TRADE SETUP:

Entry: Below $0.4100 (confirm breakdown)

Stop Loss (SL): $0.4400 (above resistance)

Take Profit (TP):

๐ŸŽฏ TP1: $0.3920

๐ŸŽฏ TP2: $0.3800

๐ŸŽฏ TP3: $0.3600 (extended target if bearish momentum persists)

๐Ÿ›ก๏ธ RISK MANAGEMENT:

Risk only 1-2% of capital per trade. Use tight SLs to protect against reversals. Always wait for confirmation before entering the trade.

๐Ÿšจ Remember: In volatile conditions like this, discipline and stop-loss adherence are key! ๐Ÿง ๐Ÿ’ผ

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