NIGHT/USDT Technical Analysis (1H) — $NIGHT
Current Price: ~0.05120
The $NIGHT token from @MidnightNetwork is showing a short-term bullish continuation pattern on the 1H timeframe after consolidating above key EMAs.
Market Structure
Price has reclaimed EMA50 (0.05052) and EMA100 (0.05075), indicating a possible bullish trend shift. Higher lows are forming from 0.0492, showing growing buying pressure.
Indicators
• EMA: Strong support around 0.0505 – 0.0507
• MACD: Bullish crossover with expanding histogram
• RSI: Around 55–57, healthy bullish zone (not overbought)
Key Levels
Resistance: 0.05160 / 0.05220 / 0.05300
Support: 0.05070 / 0.05000 / 0.04920
Trading Plan
🔹 Long Setup
Entry: 0.0508 – 0.0510
SL: 0.0498
TP1: 0.0522
TP2: 0.0530
TP3: 0.0545
🔹 Breakout Setup
If 0.0516 resistance breaks with strong volume
Entry: 0.0518 – 0.0520
SL: 0.0509
TP: 0.0530 / 0.0545
🔹 Short Setup (If Support Breaks)
Entry: 0.0499
SL: 0.0508
TP: 0.0488 / 0.0475
If the price holds above 0.0507, a move toward 0.053 – 0.055 is possible. But losing 0.0500 support may lead to a retest of 0.0492 demand zone.
@MidnightNetwork
$NIGHT
#night
Current Price: ~0.05120
The $NIGHT token from @MidnightNetwork is showing a short-term bullish continuation pattern on the 1H timeframe after consolidating above key EMAs.
Market Structure
Price has reclaimed EMA50 (0.05052) and EMA100 (0.05075), indicating a possible bullish trend shift. Higher lows are forming from 0.0492, showing growing buying pressure.
Indicators
• EMA: Strong support around 0.0505 – 0.0507
• MACD: Bullish crossover with expanding histogram
• RSI: Around 55–57, healthy bullish zone (not overbought)
Key Levels
Resistance: 0.05160 / 0.05220 / 0.05300
Support: 0.05070 / 0.05000 / 0.04920
Trading Plan
🔹 Long Setup
Entry: 0.0508 – 0.0510
SL: 0.0498
TP1: 0.0522
TP2: 0.0530
TP3: 0.0545
🔹 Breakout Setup
If 0.0516 resistance breaks with strong volume
Entry: 0.0518 – 0.0520
SL: 0.0509
TP: 0.0530 / 0.0545
🔹 Short Setup (If Support Breaks)
Entry: 0.0499
SL: 0.0508
TP: 0.0488 / 0.0475
If the price holds above 0.0507, a move toward 0.053 – 0.055 is possible. But losing 0.0500 support may lead to a retest of 0.0492 demand zone.
@MidnightNetwork
$NIGHT
#night