$NEWT Price made a strong impulsive pump and hit 0.1317 (daily high)
Immediate rejection + red candle shows buyers exhaustion
Big volume on the pump followed by weak continuation = profit booking
Price is near intraday resistance, not forming higher highs anymore
On 15m, structure suggests healthy correction, not continuation
This confirms a short-term pullback SHORT, not trend reversal.
NEWTUSDT
Perp
0.0959
-5.14%
TRADE SETUP: SHORT
Entry
0.1265 – 0.1280
Stop Loss
0.1320
TARGETS (3)
Target 1: 0.1215
Target 2: 0.1160
Target 3: 0.1105
If 15m candle closes above 0.1320 → exit
Use low leverage, high volatility zone