📊 $NIGHT /USDT – 1H Technical Analysis (Binance)
NIGHT has entered a clear corrective phase after failing to hold above the 0.072–0.073 resistance zone. Sellers are in control on lower timeframes, but price is now testing a short-term demand area.
🔍 Chart Breakdown:
Current price around 0.0633, after tapping a local low near 0.0623.
Price is trading below MA(7), MA(25), and MA(99) → short-term trend remains bearish.
The recent sell-off came with strong volume, indicating momentum-driven downside.
Small green candles suggest a potential relief bounce, not a confirmed reversal yet.
📌 Key Levels:
Resistance: 0.0648 – 0.0660
Major Resistance: 0.0680 – 0.0690
Support: 0.0620 – 0.0625
Breakdown Level: Below 0.0620 opens room toward 0.060 – 0.059
📈 Scenarios to Watch:
Holding above 0.062 could lead to a short-term bounce toward 0.065–0.066.
Failure to reclaim 0.065+ keeps bears in control.
A strong close back above 0.068 would be needed to flip structure bullish again.
⚠️ Reminder:
Trend is still down on 1H — patience and confirmation are key before entering longs.
#NIGHT #NIGHTUSDT #CryptoTA #BinanceSquare #Altcoins 🌙🚀$NIGHT