$NEWT is showing clear bearish continuation on the 1H timeframe after a strong rejection from recent highs. Price has slipped back below the short-term support zone and is consolidating near the lows — a strong sign that sellers remain in control.
Any pullback toward the resistance area could offer fresh shorting opportunities, as upside momentum looks weak and corrective.
🔍 Key Levels to Watch
Current Price: 0.1032
Resistance: 0.1060 – 0.1100
Support: 0.1000 – 0.0960
📊 Trade Setup (Short Bias)
Entry Zone: 0.1050 – 0.1090
TP1: 0.1000
TP2: 0.0980
TP3: 0.0950
Stop Loss: Above 0.1125
📉 Bias: Bearish continuation below resistance
⚠️ Trade with proper risk management.