There’s nothing quite like the feeling of watching a chart slowly bleed out, just waiting for that one sign of a reversal.
I was tracking $NIGHT /USDT on the 1-minute time frame, and it was a tough watch as it slipped from 0.05174. It felt like the sellers were in total control until we hit that 0.05123 level. Finally, we’re seeing a bit of a consolidation phase here. Those tiny green candles at the end are starting to look like a base is forming, but in this market, you can never get too comfortable.
I’m keeping a close eye on the volume right now to see if the bulls have enough gas to actually push this back up or if we're just stalling before another drop.
Are you guys seeing a potential recovery here, or do you think there's more downside coming?