Based on the 15m chart of NIGHT/USDT, price is showing a short term recovery after a local bottom (0.04631) and is currently pushing above MA7 and MA25, which suggests temporary bullish momentum.
However, the price is approaching a previous resistance area around 0.0495–0.0510, where sellers appeared earlier.
TP.
📈 Trading Plan – Long (Momentum Continuation)
Entry: 0.0478 – 0.0485
Stop Loss: 0.0469
Targets:
TP1: 0.0498
TP2: 0.0508
TP3: 0.0520
Reason:
Price reclaimed short term moving averages and formed a small V shaped recovery from 0.0463. If momentum continues, it can test the previous high zone near 0.0510.
$NIGHT
However, the price is approaching a previous resistance area around 0.0495–0.0510, where sellers appeared earlier.
TP.
📈 Trading Plan – Long (Momentum Continuation)
Entry: 0.0478 – 0.0485
Stop Loss: 0.0469
Targets:
TP1: 0.0498
TP2: 0.0508
TP3: 0.0520
Reason:
Price reclaimed short term moving averages and formed a small V shaped recovery from 0.0463. If momentum continues, it can test the previous high zone near 0.0510.
$NIGHT