🌑 $NIGHT /USDT CRASH: Oversold Bounce Coming? Forecast Inside 📉

The bears are out in full force for $NIGHT! After hitting a local high of 0.06510, the price has plummeted -14.39% to 0.04725. This aggressive sell-off has pushed the price well below all major Moving Averages (EMA 8, 13, 21), signaling intense short-term bearish pressure.

However, contrarian traders take note: the RSI(6) is sitting at a skeletal 15.20, indicating the asset is extremely oversold. Historically, such low RSI levels on the daily chart often precede a relief rally. With the KDJ J-line also at -3.43, we are deep in the "exhaustion" zone.

🎯 Trading Strategy:

Trade Type: Long (Counter-trend Scalp)

Entry Zone: 0.04450 - 0.04600 (Watch for support at the 0.04123 wick)

Take Profit: 0.05450 (Resistance at EMA 8)

Stop Loss: 0.04100

Bottom fishing is risky, so manage your size! Trade $NIGHT / $USDT Now! Follow & turn 🔔 on ✅

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