👀📊 Watching $NIGHT very closely today.

NIGHT
NIGHT
0.04742
+11.84%


Sentiment across the timeline has become extremely bearish for this coin.


Everywhere I look, traders seem convinced that price will keep going lower.


But when I see that level of consensus, I usually check the derivatives data.


And right now the data is interesting.


🔻 Funding deeply negative

📈 Open interest rising

📉 Price stabilizing near support


This combination often signals that shorts are getting crowded.


And crowded trades rarely work out for long.


Markets love to move where the most liquidity sits.


So I’m taking a measured position here.


⚡ Trade details


💼 Portfolio size: 3%

⚡ Leverage: 15x


If buyers step in and push price above the liquidity zone, we could see a rapid short-covering rally.


📈 Target: 1.5x upside