💥 $NIGHT finally pushed back above that messy mid-range and you can actually feel the shift on this one.
I was watching that 0.0418–0.045 area for a while… it kept getting tapped, weak bounces, no real follow through. Looked like slow bleed continuation honestly. Then this move came in... straight reclaim back toward 0.052–0.053 with volume picking up hard.
What stands out to me:
RSI sitting around 90… thats stretched, no way around it. Not something I like chasing blindly.
MACD flipped clean and expanding, so momentum is real, not just a random wick.
Price just reclaimed above that previous Supertrend flip (~0.0463 zone), which usually changes short-term bias.
So now I’m looking at it like this:
As long as it holds above ~0.049–0.050, bulls are in control short term.
Lose that… and this whole push just turns into another spike-and-fade like earlier.
Feels less like a fresh breakout and more like a late reclaim attempt after a long compression phase.
I wouldn't chase $NIGHT here… but I also wouldn’t short blindly into this kind of momentum either.
This is the kind of chart that punishes both sides if you’re early.