$NIGHT 📉 Could This Privacy Coin Be Next to Collapse?

$NIGHT is in freefall, down over 33% in just days after hitting $0.1200 on Sunday. Wednesday’s session alone saw a 3% drop, adding to a massive 24% plunge from the previous day.

The 4-hour chart is screaming trouble. A break below the $0.07500 support could trigger a cascade to $0.07000, and even a test of $0.05000. 🐻

Technical indicators confirm the bearish outlook: RSI nearing oversold at 39, and a MACD crossover signaling intensifying selling pressure. A bounce near $0.07000 *might* offer some relief, but reclaiming the 50-period EMA at $0.07808 is crucial.

#crypto #altcoins #technicalanalysis #NIGHT 🚨

NIGHTUSDT

Perp

0.0727

-4.71%