$NEWT USDT BEARS MAINTAIN CONTROL – SUPPORT AT $0.36 CRUCIAL
NEWT has been in a steady downtrend after peaking at $0.7547, now trading at $0.3737. Price is hugging the lower Bollinger band, indicating strong selling pressure. A break below $0.36 could lead to further downside toward $0.34 support.
📊 Trade Setup (Short-Term Play):
Entry Zone (Short): $0.372 – $0.376
Take Profit 1: $0.365
Take Profit 2: $0.340
Stop Loss: $0.390
📈 Market Outlook:
Bearish sentiment dominates unless price reclaims $0.40 with strong volume. Watch $0.36 closely — holding above could allow a short-term bounce, but momentum still favors sellers.
#NEWT #BearishSetup #CryptoTrading #Binance #AltcoinAnalysis
buy and trade here on $NEWT