$NEWT /USDT – SHORT TRADE SIGNAL🔴
Lower high near $0.3950
Rejection from resistance zone
$NEWT faced a sharp rejection from $0.4013 and failed to maintain bullish momentum, forming a clear lower high structure around $0.3950. Price is now pulling back with consecutive red candles, suggesting a shift in momentum. If it breaks below the $0.3840 zone, further downside toward demand areas is likely.
Trade Setup:
• Entry Point: $0.3860 – $0.3885
• Stop Loss: $0.3925
• Take Profit:
• TP1: $0.3780
• TP2: $0.3700
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook: Expect further downside unless price reclaims $0.392+. Bearish pressure building after rejection from $0.40 psychological resistance.
