Yesterday, the $NEWT coin rose, mainly due to a sudden increase in trading volume of the main trading pair on the Astroport exchange (accounting for over 80%), with a 24-hour trading volume exceeding 71 million, indicating significant capital inflow. Additionally, yesterday, the major coin fluctuated around 106,000, boosting the sentiment for altcoins, making small coins like NEWT susceptible to short-term speculation.
Today's trading advice: first observe the opening price of NEWT. If it opens more than 3% higher and the trading volume does not keep up, it may rise and then fall back; it is advisable to short around 0.75 with a stop loss at 0.8. If it opens flat or slightly lower, you can lightly buy around 0.72 with a target of 0.78 and a stop loss at 0.68. Be careful not to go heavy, as this coin has average liquidity and can easily spike or drop.
Market trends never believe in fancy rhetoric; only by following precise strategies can you keep up with the pulse of wealth!
Intra-day focus: OM SUI SOL FUN BTC
