$NIGHT /USDT BEARS GAIN CONTROL BREAKDOWN PRESSURE BUILDING BELOW KEY MAs
Price action is showing clear weakness as $NIGHT struggles to reclaim short term moving averages. With price hovering below the MA(25) and barely holding above MA(99), momentum is tilting bearish. Repeated rejections near 0.0388 signal strong overhead supply, and the market looks primed for a continuation move toward lower support zones.
Trade Setup:
Entry Zone: 0.0370 – 0.0373
Take Profit 1: 0.0366
Take Profit 2: 0.0362
Take Profit 3: 0.0355
Stop Loss: 0.0382
Market Outlook:
Short-term trend is bearish with weakening buying pressure and declining volume strength. The failure to sustain above MA(7) and MA(25) confirms sellers are in control. Key support sits at 0.0366 a breakdown below this level could accelerate downside momentum. Only a strong reclaim above 0.0385 would invalidate the bearish structure.
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