Good Night 💤
$NIGHT is showing signs of a bullish recovery after a healthy pullback, and price is currently holding above a key intraday support zone. Buyers are stepping in near support, making this an attractive risk-to-reward long opportunity.
Entry Range: 0.03780 - 0.03820
Stop Loss: 0.03720
Targets:🎯
TP1: 0.03990
TP2: 0.04080
TP3: 0.04200
The recent correction has cooled down short-term selling pressure, while the current structure suggests accumulation around the 0.03800 area. As long as price continues defending this support region, a move back toward recent highs remains highly possible.
Patience is important here. Chasing candles after a breakout is never ideal. The better approach is allowing price to confirm strength around the current demand zone and then targeting the upside levels step by step.
Invalidation Level: A sustained move below 0.03720 would weaken the bullish structure and invalidate this setup.