$NIGHT

NIGHTBSC
NIGHTUSDT
0.07678
-24.26%

🔴 Trade Setup: SHORT Position

Trend Context:

- MACD: Weak bearish (DIF < DEA, histogram barely positive) — momentum fading.

- Bollinger Bands: Price rejected from middle band (MB: 0.10124), now near lower band (DN: 0.09881) — signals downside pressure.

- MA Structure: Price below MA(5) and MA(10) — confirms short-term bearish bias.

- Volume: Elevated but not rising — suggests distribution phase.

🎯 Entry Zone:

Sell between 0.10040 – 0.10100

🎯 Targets:

- TP1: 0.09940 (lower Bollinger band)

- TP2: 0.09860 (extension support)

🛑 Stop Loss:

- SL: 0.10300 (above upper Bollinger band and recent rejection zone)

⏳ Timeframe:

Scalp to short-term swing (30min–1h)

#Night #Crypto_SMRN #SMRN