$NIGHT losing momentum at the resistance level, and the price chart is trending downwards 🔻
Entry point: $0.0368–$0.0372 🔥
Target: $0.0364 🚀
Target: $0.0360 💎
Target: $0.0357 📉
Stop loss: $0.0376 🛡️
The price continuously fails at the same ceiling, and that usually means liquidity is being exploited rather than chased. Each recovery is weaker, each push is sold off faster, and this type of compression often signals that whales are leaning towards distribution. If $0.0367 drops sharply, the path to lower support levels will open up quickly. A recovery above $0.0374 will reverse the situation and squeeze the short sellers.
Not financial advice. Manage your risk and protect your capital.
#Crypto #Altcoins
#Trading #Breakdown #Momentum