💰 $NIGHT Resistance Rejection Setup
🔽 SHORT
✳️ ENTRY: 0.0517 – 0.0540
🎯 TARGETS: 0.051, 0.05, 0.0485, 0.0460, 0.0435, 0.0415
🀄️ LEVERAGE: 10x – 20x
🔴 STOPLOSS: 0.0555
Price just tapped into MA200 + previous rejection zone (~0.053) and instantly showed selling pressure — clear supply reaction.
This move looks like a liquidity grab after a sharp bounce from 0.042, not a confirmed trend reversal yet.
Structure still mixed on higher timeframe, and unless price holds above 0.053, this is likely to fade back into range.
Breakdown below 0.048 opens path toward previous lows again.
Rejection here = short opportunity. 📉