$NIGHT Rejection After Expansion – Short Setup on NIGHT/USDT
Short
Entry: 0.0474 – 0.0478
SL: 0.0491
TP1: 0.0462
TP2: 0.0450
TP3: 0.0442
After a strong impulsive move upward, NIGHT is now consolidating right below resistance with clear signs of exhaustion. The structure shows a classic distribution phase following expansion, where buyers are losing momentum. If rejection continues from this zone, a corrective move toward lower liquidity levels is likely as price rebalances after the sharp rally.