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NTG

Short Position Recommended for NEWT/USDT with Multiple Profit Targets

The current market outlook suggests opening short positions on NEWT/USDT with a 5x leverage. Entry points are targeted between 0.59 and 0.55, aiming for profit-taking at levels of 0.53, 0.51, 0.48, 0.44, and 0.40. A stop-loss is advised at 0.63 to limit potential losses.
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AI Analysis

This trading strategy indicates a bearish outlook on the NEWT/USDT trading pair. The suggested entry range of 0.59 to 0.55 signifies a belief that the price is likely to decrease from current or recen...

AI Recommendation

Adopt a cautious short-selling approach on NEWT/USDT by entering positions within the recommended range of 0.59 to 0.55. Use the specified profit targets to scale out profits progressively as the pric...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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