$NIGHT experienced a heavy long liquidation near 0.0827 after failing to defend short-term support, flushing overleveraged bullish positions. Shortly after, a small short liquidation occurred, indicating a leverage reset on both sides rather than directional exhaustion. This type of two-sided clearing often precedes stabilization. If price holds above demand and forms higher lows, a recovery toward prior resistance remains viable.
EP: 0.0810 – 0.0835
TP: 0.0880 / 0.0950 / 0.1080
SL: 0.0785
Reset-and-recovery setup with disciplined downside control.
NIGHTUSDT
Perp
0.07762
-23.41%