Here is your professional technical analysis post for the provided NEWTUSDT chart:
$NEWT USDT BEARISH REVERSAL – BUYERS LOSING CONTROL? ⚠️
NEWT showed a sharp spike to $0.4250 but quickly rejected, now retracing towards $0.4013. This pattern reflects weakness after the recent pump, suggesting potential further downside if immediate support fails to hold.
🔻 Trade Setup (Short):
Entry Zone: $0.402 – $0.405
Take Profit (TP): $0.395 / $0.390 / $0.382
Stop Loss (SL): $0.410
📉 Market Outlook:
Momentum is shifting bearish after rejection from recent highs. Sellers are gaining dominance, and if $0.398 breaks, a deeper correction towards lower support levels is expected. Monitor volume closely for breakdown confirmation.
#NEWT #CryptoAnalysis #BearishSetup #altcoins #Breakdown
buy and trade here on $NEWT
Let me know if you need an aggressive breakdown caption or image poster design for immediate posting today.