🚨 $NEWT Imminent Breakdown – Shorts Incoming!
Entry Zone: 0.1080 – 0.1110
TP1: 0.1045
TP2: 0.1015
Stop Loss: 0.1145
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Secure partials at TP1 and trail stop to entry
$NEWT is collapsing! 📉 We just witnessed a brutal breakdown below key support at 0.116, confirming sellers are firmly in control. That bounce? A pathetic attempt quickly swatted down at 0.109. Now, price is trapped below former support – now acting as staunch resistance.
Don't be fooled by this consolidation; it’s a breather before the next leg down. As long as $NEWT remains chained below 0.110-0.112, expect further losses. This isn’t a recovery – it’s a setup.
Time to capitalize on the momentum. Secure your positions NOW and ride this wave lower. Don't get caught on the wrong side! 🚀
#NEWT #ShortSqueeze #CryptoTrading #Altcoin 💥
