Aunt An's Afternoon Market Analysis:
$NIGHT Long Strategy:
If we break out on the 15-minute chart with volume above 0.03274 (MA7) and hold that level, go long directly. The first target is 0.03318 (previous high), and the second target is 0.03350 (liquidity vacuum zone). Set your stop-loss below 0.03239 (MA25) for a favorable risk-reward ratio!
The moving averages are in a bullish alignment (25-day > 99-day), and as long as we don't break support on a pullback, the big players might take the chance to pump the price. Night owls, keep an eye on this line!
Short Strategy:
If we repeatedly fail to break above 0.03274, and we see a long upper shadow with decreasing volume, take a light short position. The first target is 0.03201 (intraday pivot), and if we break that, look for 0.03172 (today's low). Set your stop-loss above 0.03318, prioritizing defense.
There's a dense area of trapped positions above, and MACD shows signs of divergence on the hourly level, indicating strong demand for a short-term pullback.
🚨 Aunt An reminds you: Current volatility is high, so control your position size first! Whether you're going long or short, set your take-profit and stop-loss levels, and don't be greedy.
Do you think tonight we’ll break upward or get washed out downward? Drop your views in the comments
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