🔻 $NEWT /USDT – Breakdown Confirmed, Bears in Command!
$$NEWT ot slammed below $0.3140 after repeated rejections — the structure is broken, and momentum is now clearly bearish. Lower highs and weak reaction from buyers = clean short setup.
📉 Short Trade Setup:
• Entry Zone: $0.3131 – $0.3140
• 🎯 Target: $0.3019
• 🛡 Stop Loss: $0.3202
• ⚡ Leverage: 10x
• 💥 Risk: 2–3%
📊 Key Insight:
Sellers are dominating with no strong bounce in sight. As long as $0.3140 holds as resistance, expect this to bleed lower.
Watch for 15m candle rejections to confirm entries — perfect setup for trend-following shorts!
#NEWT $NEWT
#USCryptoWeek #TradingStrategyMistakes #ArbitrageTradingStrategy #BinanceTurns8