$NEWT USDT BEARISH TREND PERSISTING – WATCH $0.36 FOR NEXT MOVE
NEWT continues its downtrend, trading at $0.3737 after failing to hold above the mid-Bollinger band. Price remains close to the lower band, showing ongoing selling pressure. A break below $0.36 could trigger another leg lower, while holding this support may lead to short-term consolidation.
📊 Trade Setup (Short-Term Play):
Entry Zone (Short): $0.372 – $0.375
Take Profit 1: $0.365
Take Profit 2: $0.345
Stop Loss: $0.385
📈 Market Outlook:
The bias remains bearish unless $0.40 is reclaimed. Watch $0.36 support closely; failure to hold could accelerate losses, while holding above may pause the sell-off temporarily.
#NEWT #BearishSetup #CryptoTrading #AltcoinAnalysis #Binance
buy and trade here on $NEWT