$NEWT

Scalping Plan for NEWT/USDT

✅ Current Price: $0.5979

🧠 Strategy: Buy the dip near short-term support, scalp to next resistance

📌 Setup A: Dip Buy Scalping

Entry Zone: $0.565 – $0.585

(Look for a bounce off the yellow MA(7) line or recent consolidation zone)

Stop-Loss: $0.552

(Below the recent candle low and MA(7); keeps risk tight)

Take-Profit Targets:

🎯 TP1: $0.615 (near top wick of last candle)

🎯 TP2: $0.645 – $0.660 (resistance zone before $0.70)

Risk-Reward: Aim for 1.5–2x. Example:

Risking 2 cents ($0.565 → $0.545) to gain 4+ cents ($0.565 → $0.605 or more)

📌 Setup B: Breakout Scalping

Entry Trigger: Candle closes above $0.625 with volume spike

(Confirmation of upward breakout attempt)

Stop-Loss: $0.600

Take-Profit Targets:

🎯 TP1: $0.66

🎯 TP2: $0.695 – $0.70 (previous high)

🛠️ Tools to Use:

Set alerts at $0.585 and $0.625.

Use market orders for speed, but manage slippage carefully.

Watch volume bars and RSI — if RSI > 75 and volume fades, exit quick.

⚠️ Final Tips:

Don’t chase green candles — enter on pullbacks or confirmed breakouts only.

Take profits fast. Even 2–5% in 10 minutes is good for scalps.

Exit fully if price stalls at resistance or shows long upper wicks.