$NEWT

USDT BEARISH PRESSURE CONTINUES – WILL SUPPORT HOLD? ⚠️📉

$NEWTUSDT is struggling to maintain bullish momentum, currently trading at 0.3396 with a -2.41% drop today. Sellers are in control, and the market is approaching a key support zone.

🔑 Key Levels

Resistance: 0.3480 – 0.3550

Support: 0.3300 (critical short-term support)

📉 Trade Setup

Position: Short

Entry Zone: 0.3400 – 0.3440

Targets (TP):

TP1: 0.3340

TP2: 0.3300

Stop Loss (SL): 0.3490

🌐 Market Outlook The overall trend remains bearish as long as the price trades below 0.3480 resistance. A breakdown below 0.3300 support could trigger further declines. Bulls need a strong breakout above 0.3550 to flip structure bullish.

⚠️ Risk Management

Always risk only 1-2% per trade.

Avoid emotional entries; stick to structured setups for consistent performance.

💭 Trade smart, stay disciplined, and let the market come to your levels.

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