$NIGHT
Retesting Trendline Support — Bullish Structure Still Intact
$NIGHT is currently pulling back to retest its ascending trendline after facing rejection near the 0.054–0.055 resistance zone. Despite the rejection, the overall structure remains bullish as long as price continues to hold above the rising support and the nearby demand area.
The dip toward the 0.050–0.051 region looks like a healthy retracement, potentially setting the stage for the next upward move if buyers defend this level.
Trade Setup
Entry Zone:
0.050 – 0.0515
Take Profit Targets:
TP1: 0.054
TP2: 0.056
TP3: 0.058+
Stop Loss:
0.049
If the trendline support holds, it could fuel a fresh bullish push toward the upper resistance levels.
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