$NEWT

Short Sell Signal 🚦 🛑

Selling pressure is increasing with the price threatening new lows.

$NEWT remains under heavy bearish pressure after a sharp breakdown, holding above the support area at $0.3110. Attempts to reclaim higher levels have faced immediate rejection, indicating continued seller dominance. A decisive break below the current support may accelerate losses towards the $0.2950 area.

Trade Setup (Short Bias)

Entry Area: $0.3180 – $0.3200

Take Profit 1: $0.3090

Take Profit 2: $0.2950

Stop Loss: $0.3254

Market Outlook:

The trend structure remains firmly bearish with lower highs and increased selling volume. Momentum favors the downward trend, and without a strong recovery above $0.3200, the path of least resistance is continued decline.

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Buy and trade here on $NEWT

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