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

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