$NEWT USDT – RELENTLESS SELLING, NEW LOWS HIT
REJECTION FROM $0.3262
SEVEN STRAIGHT RED CANDLES ON 1H CHART
$NEWT has faced intense selling pressure, dropping nearly 8% on the day. The price failed to hold above $0.3262 and has been in a freefall since. The 1H chart shows consistent lower highs and lower lows, with a new bottom at $0.3077. Momentum remains heavily bearish with no strong support in sight.
SHORT TRADE SETUP (1H CHART):
• Entry: $0.3100 – $0.3120
• Target 1: $0.3050
• Target 2: $0.2970
• Stop Loss: $0.3165
As long as price trades below $0.3149, further downside is expected. A break below $0.3077 could lead to rapid continuation.
#NEWTUSDT #BearishTrend #ShortSignal #CryptoTrading #BinanceFutures

