$NEWT /USDT – SHORT TRADE SIGNAL🔴

REJECTION FROM $0.3935 HIGH

LOWER HIGHS FORMING AFTER SHARP SPIKE

$NEWT surged to a peak of $0.3935 but failed to hold the breakout, now trading at $0.3775 after multiple rejections from the upper wick zone. The price structure is starting to roll over with clear signs of exhaustion and lower highs forming. A drop below $0.3700 could confirm bearish continuation toward previous support.

🔻 Entry Point: $0.3780 – $0.3820

🔻 Stop Loss: $0.3945

🔻 Take Profit 1: $0.3700

🔻 Take Profit 2: $0.3620

🔻 Margin: 2–3% of wallet

🔻 Leverage: 10x

📉 Market Outlook: $NEWT is likely to face downward pressure after the failed breakout and volatile pullbacks. Watch for increased sell volume and weak bounce attempts below $0.3820.

#NEWT #BinanceFutures #CryptoShort #RejectionPlay #BTCUnbound