$NIGHT USDT Breakdown -20% - Watching for a Capitulation Bounce
Price has broken below our previous support and key EMAs. Now approaching a major liquidity zone where a short-term bounce could occur.
Key Levels
- Support: $0.0470 (24h Low / Major Swing)
- Resistance: $0.0625 (Former Support, Now Resistance - EMA Zone)
Trade Plan
- Potential Long Entry: $0.0480 - $0.0500 (Only for a high-risk bounce play)
- Stop Loss: $0.0455 (Below 24h Low)
- Take Profit: TP1: $0.0580, TP2: $0.0620
Volume is elevated on the drop. This is a counter-trend setup—requires perfect timing and minimal size.
⚠️ High-risk scenario. Not financial advice. This is a potential bounce play in a strong downtrend. Risk of continued decline is high. Trade with extreme caution.
#Write2Earn #NIGHT #TradingSetup #BTCVSGOLD #BinanceBlockchainWeek $TRUTH $WET
