Market just flipped the tone… and $NIGHT isn’t asking for permission.
What looked like a slow grind suddenly turned into a clean breakdown.$NIGHT Lower highs, heavy red candles, and buyers struggling to reclaim control. This isn’t panic… this is pressure building.
The kind that usually leads to one sharp move.
Right now price is sitting near support, but the structure still leans bearish unless we see a strong reclaim. Either this level holds and traps shorts… or we get continuation and liquidity gets wiped below.
Trade Setup:
Sell Scenario (Momentum Continuation):
EP: 0.03540 – 0.03560
TP1: 0.03500
TP2: 0.03460
SL: 0.03610
Buy Scenario (Reversal Trap):
EP: Above 0.03620 breakout
TP1: 0.03680
TP2: 0.03750
SL: 0.03570
No middle ground here.
Either it snaps back… or it bleeds lower fast.
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