$NEWT /USDT SHORT TRADE SIGNAL🔴
🔻 BEARISH REJECTION AT LOWER HIGH
📉 FAILED TO BREAK $0.3964 RESISTANCE
⚠️ DOWNWARD MOMENTUM RESUMING
NEWT recently attempted a minor relief bounce but got rejected just below the $0.3964 resistance. The chart shows a clear lower-high structure, indicating sellers remain in control.
Price is currently at $0.3878 and showing signs of exhaustion after a weak recovery. If momentum continues, price could revisit the local lows around $0.3617.
🔴 Trade Setup:
• Entry Point: $0.387–$0.392
• Stop Loss: $0.401
• Take Profit:
• TP1: $0.373
• TP2: $0.361
• Margin: 2–3%
• Leverage: 10x
📉 Market Outlook:
Overall trend remains bearish. Every bounce is being sold into, confirming a short-term continuation to the downside unless a major volume breakout occurs.
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