šā ļø $NEWT /USDT BEARISH BREAKDOWN SETUP! ā ļøš
$NEWT/USDT continues its downward slide, currently trading at $0.3339, down 6.84%. Price is hovering just above key support at $0.3300 ā a breakdown below could trigger a sharper fall.
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š Current Price: $0.3339
š Support Zone: $0.3300 ā $0.3220
š Resistance Zone: $0.3450 ā $0.3550
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š» Trade Setup ā SHORT Position:
š Entry: On breakdown below $0.3300 (candle close confirmation)
šÆ Target 1 (TP1): $0.3220
šÆ Target 2 (TP2): $0.3150
š”ļø Stop Loss (SL): $0.3455
š Risk-Reward Ratio: ~2.3:1 ā Favorable risk setup with downside momentum building.
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ā ļø Risk Management Tip:
š¼ Risk only 1ā2% per trade.
š§ Avoid early entries ā wait for confirmation.
š Use stop loss strictly ā protect capital first!
#NEWT #BearishTrend #CryptoShort #AIAltcoins #BinanceSetup $NEWT