Guys, $NIGHT
is showing early signs of stabilization after a sharp corrective move 📉➡️📊
After the dip, price has found support near the $0.07856 region and is now consolidating, which suggests selling pressure is cooling off. This type of sideways action following a strong correction often signals accumulation and the potential formation of a base for recovery. If momentum returns, a solid rebound can unfold from this zone.
📌 Trade Setup (Long)
Entry Zone: 0.0760 – 0.0800
Target 1: 0.0880
Target 2: 0.0960
Target 3: 0.1050
Stop-Loss: 0.0520
As long as price holds this support range, the risk–reward remains favorable for a bounce continuation setup.
#NIGHT #CryptoTrading #Altcoins #LongSetup #PriceAction #SupportZone #Accumulation #CryptoAnalysis #TradingSetup #RiskManagement
