$NIGHT After the Binance Listing: Trap or Opportunity?
The "Sell the News" event on Midnight ($NIGHT) has been textbook. After the March 11th Binance debut, we saw a 263% volume spike followed by a sharp profit-taking dip to the $0.051 level.
Technical Reality:
The RSI is currently sitting in the "Oversold" territory (around 19.2). For a trader, this is the "Maximum Pain" zone where retail capitulates. However, with the Mainnet Launch scheduled for late March 2026, the fundamental floor is getting stronger.
The Setup:
Support: $0.045 - $0.050
Resistance: $0.055 (The "Breakout" gate)
Trading Mindset:
If we hold $0.050, the "Mōhalu Phase" hype will likely drive a retest of $0.065. Are you brave enough to buy the blood, or waiting for the $0.055 confirmation?
Follow for the Mainnet update! Like if you're a $NIGHT owl. 🦉