🔔 Market Buzz on $NEWT/USDT Tonight!
📉 Price Update
As of now, NEWT/USDT is hovering at about $0.00159, reflecting a slowdown after the recent futures launch on June 19th .
📈 Key Levels to Watch
Support Zone: ~$0.00155–0.00157 — consider entering long positions near this range if price bounces.
🧺Resistance: ~$0.00165–0.00170 — a break and close above this could ignite another leg higher.
Apply classic support & resistance strategies: identify swing points, set tight stops just beyond them .
🚀 Why Now?
The NEWT/USDT perpetual contract is live with up to 5× leverage since June 19 at 14:30 UTC . This has injected fresh volatility and trading energy into the pair.
🔧 Suggested Trade Setup
Go Long at support ($0.00155–$0.00157).
🚫 Stop Loss just below $0.00154.
🎯 Take-Profit Targets: initial at ~$0.00165, aggressive at ~$0.00170–$0.00175 area.
Leverage: moderate — ideal is 2–3× max. Never exceed 5× unless you're seasoned.
Risk Management: Risk just ~1–2% of your total capital per trade.
🕰️ Timing Strategy
📌First half of the session (17:22–20:00 UTC): look for dip entries near support during low volume.
📊Later session (20:00–23:59 UTC): volume tends to pick up — if price consolidates above resistance, consider adding or entering on breakout.
✍️Which are you aiming for ? Let me know in the comment !
