$NEWT SHORT TRADE SIGNAL🔴
REJECTION AT SUPPLY ZONE ⚠️
SUPPORT BROKEN, RETEST UNDERWAY 🔻
$NEWT faced strong rejection at the $0.3828–$0.3968 resistance zone, breaking below key support at $0.3783. Price is now retesting this breakdown zone, setting up a bearish continuation. If the rejection holds, further downside toward $0.3409 is likely.
🔽 Trade Setup
• Entry Point: $0.3780 – $0.3820
• Stop Loss: $0.3968
• Take Profit: $0.3409
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook: Bearish retest with breakdown confirmation. Momentum favors sellers targeting lower support zones.
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