USDT BEARISH BREAKDOWN – WILL NEWT FALL BELOW KEY SUPPORT? 🔻
$NEWTUSDT continues its strong downtrend on the 15m chart with lower highs and consistent selling pressure, showing bears are in full control as price nears its daily low.
🔑 Key Levels:
Current Price: 0.3415
Support: 0.3400
Resistance: 0.3500
🎯 Trade Setup (Short):
Entry: 0.3420 – 0.3440 (after minor pullback rejection)
Take Profits: ✅ TP1: 0.3380 ✅ TP2: 0.3350 ✅ TP3: 0.3300 (extended target if strong breakdown continues)
Stop Loss: 0.3470
📊 Market Outlook: NEWT is showing heavy bearish momentum with price hugging its intraday support near 0.3400. A clean breakdown below this support zone can accelerate further downside towards the 0.3300 psychological level. Bulls will need to reclaim above 0.3500 to reduce current selling pressure.
⚠️ Risk Management: Always risk only 1-2% per trade. Place your stop loss decisively to protect capital and avoid emotional exits in trending markets.
💬 Will NEWT break down further or stage a surprise bounce? Comment 🧐 if you’re trading this move today! #TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL #StrategyBTCPurchase #StrategyBTCPurchase buy and trade here on $NEWT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.