$NEWT

USDT BEARISH BREAKDOWN – SELLERS DOMINATE AS SUPPORT CRACKS!

$NEWTUSDT is showing intensified bearish momentum on the 30m timeframe after repeated rejections near resistance and a clean breakdown below key intraday support, signaling a potential continuation of downside in the coming sessions.

🔑 Key Levels:

Resistance: 0.3280 – 0.3350

Support: 0.3200 (next potential target)

Current Price: 0.3223

🎯 Trade Setup (Short Entry):

Entry Zone: 0.3230 – 0.3250

Take Profits:

TP1: 0.3200

TP2: 0.3150

Stop Loss: 0.3290

📊 Market Outlook: Bearish structure remains intact with consistent lower highs and breakdown from consolidation range, indicating sellers are likely to push towards the next major support at 0.3200 and below if momentum sustains.

⚠️ Risk Management: Always risk only 1-2% per trade. Secure capital with disciplined stops and avoid overleveraging during breakdown trades to sustain long-term profitability.

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