đŸ”» $NEWT USDT Showing Weakness After Pump – Bears Slowly Taking Over đŸ»

After an explosive move from $0.2896 to $0.8558, $NEWT is now showing signs of exhaustion, hovering around $0.5808 with low momentum. The pattern of lower highs and tight candles signals distribution, and bulls are losing strength. If selling pressure increases, a drop could be imminent.

📉 Bearish Trade Setup (Short Idea):

‱ Entry: $0.5800 – $0.5900

‱ Take Profit 1 (TP1): $0.5200

‱ Take Profit 2 (TP2): $0.4550

‱ Take Profit 3 (TP3): $0.3900

‱ Stop Loss (SL): $0.6300

🚹 Break below $0.55 will likely confirm the reversal. Bears in control unless bulls reclaim key resistance.

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