NIGHT/USDT 4H Chart Analysis 📊

Price previously dropped from the 0.10 area and formed a downtrend with lower highs. Recently, the market found strong support around the 0.045–0.047 zone and started forming a higher low structure.

The ascending trendline shows buyers defending support, which could signal a potential bullish recovery. Currently, the key resistance is around 0.055. A breakout above this level may open the path toward 0.060 and possibly 0.067.

If the price breaks below the trendline support near 0.048, the bullish setup could weaken and the market may revisit lower support levels.

Watching for a breakout confirmation. 📈
$NIGHT @MidnightNetwork #night

NIGHT

0.04694

+5.24%