$NEWT /USDT – SHORT TRADE SIGNAL: WEAK BOUNCE AFTER LOWER HIGH REJECTION
$NEWT rejected from 0.3541 and broke down with strong bearish candles. The current bounce appears corrective, struggling below previous support-turned-resistance near 0.3490.
Trade Setup:
Short Entry: 0.3480–0.3495
Targets (TP): 0.3430 / 0.3380
Stop Loss (SL): 0.3520
Market Outlook:
Momentum favors sellers as price action continues to print lower highs and lower lows. Bears may resume control if price fails to reclaim 0.3520.
#NEWTUSDT #CryptoTrading #BinanceFutures #ShortSignal #PriceAction $NEWT