Data shows a massive surge in Open Interest alongside a bullish RSI divergence on the lower timeframes while the MACD just flashed a bullish crossover on $NIGHT
Trade Setup: LONG
* Entry: 0.05150 – 0.05210
* TP1: 0.05480
* TP2: 0.05850
* TP3: 0.06300
* SL: 0.04890
Whale & News Catalyst:
Midnight’s Federated Mainnet launch is confirmed for this week! 🚀 Despite the "Glacier Drop" unlocks, Google Cloud and MoneyGram joining as validators have shifted sentiment. We are seeing major buy-walls defending the 0.050 psychological level as the "Buy the Rumor" phase begins.
4H Technical Analysis:
$NIGHT is printing a classic "Falling Wedge" breakout. The 4H RSI has jumped from oversold (30) to a healthy 55, while the MACD just flashed a bullish crossover. Holding above the MA(99) is critical to confirm this trend reversal. 📊
Bullish or bearish on $NIGHT today? Comment your target below and support❤️ me by trading👇
