$NIGHT

Based on the 4-hour chart, NIGHT/USDT is currently facing significant bearish pressure, trading at 0.04461 with a 9.62% decline. The price has slipped below the key 7, 25, and 99-period moving averages, signaling a strong downtrend. While it remains slightly above the recent low of 0.04262, the lack of immediate buyer support suggests further consolidation or testing of support levels before any potential recovery.