$NEWT /USDT SHORT TRADE SIGNAL🔴
MULTI-CANDLE BREAKDOWN FROM $0.4485
NO STRONG SUPPORT UNTIL LOWER ZONES
NEWT has been in a strong downtrend, dropping from $0.4485 to a fresh low of $0.3572. The current bounce to $0.3727 appears weak and corrective. Price remains below key resistance, and sellers are likely to remain in control unless a major reversal occurs.
🔻Trade Setup:
• Entry Point: $0.372–$0.375
• Stop Loss: $0.383
• Take Profit:
◦ TP1: $0.361
◦ TP2: $0.348
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
Bearish momentum dominates with repeated lower highs and breakdowns. Unless $0.383 is reclaimed, price may revisit and sweep below $0.357 for liquidity.
#NEWTUSDT #CryptoShort #BearishSetup #BinanceFutures #TrendFollowing 🔻