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$NEWT USDT SHORT SETUP ALERT – Big Dump in Progress!
Trade or SHORT
$NEWT / $USDT Now! Follow & turn 🔔 on ✅
$NEWT (Newton Protocol) just took a massive -15.34% hit in the last 24h, dropping from 0.1330 high straight to current price 0.1065!
The chart screams bearish momentum:
Strong downtrend with price hugging the lower Bollinger Band
MACD showing negative DIF/DEA with histogram confirming seller dominance
Recent heavy volume spike on the dump + long liquidation vibes (L/S Ratio 1.36 favoring shorts)
RSI(14) ~49 neutral but RSI(6) already cooling off after failed bounce attempt
This looks like the start of deeper correction after earlier pump exhaustion. Perfect setup for bears!
My short trade idea (futures, be careful with leverage!)
Entry: around current ~0.1065–0.1070
Take Profit 1: 0.0980 (+8%+)
Take Profit 2: 0.0880 (major support zone, +17%+)
Stop Loss: 0.1125 (tight, above recent small bounce high)
Risk/reward looking juicy if momentum continues south. Volume drying up on any bounces = more downside likely!
DYOR – crypto is wild, manage risk, never FOMO! But this bearish pressure is real right now 🔥
Who's joining the short side? Drop your thoughts below! 💬
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