$NIGHT – Technical analysis & Short-term trading setup
The 1H frame shows the market entering a rebound phase after the short-term bottom of 0.03995:
• The price structure has formed a bottom – higher than the previous bottom.
• MA7 crosses above MA25 → confirms the recovery phase.
• MACD is trending up, histogram is expanding → bullish momentum is sustained.
• Volume is increasing again, selling pressure is noticeably weakening.
15P frame:
• Price was recently rejected at the 0.0527 area (near resistance).
• RSI is cooling down → reasonable to wait for price to retest support before continuing the rebound trend.
• MA10 – MA25 is creating a good buffer around 0.048.
🎯 Trading setup: Long on the pullback
Entry:
👉 0.0478 – 0.0483
Stop-loss:
👉 0.0462 (losing this level → rebound pattern is broken)
Take-profit:
• TP1: 0.0508 (near resistance)
• TP2: 0.0525 (strong resistance 15P & 1H)
R:R ratio ~ 1:2 → suitable for opening positions in the current market conditions.
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⚠️ Risk management note
• This is a rebound, not a long-term uptrend.
• Exceeding 0.0525 requires observing price reaction to decide whether to hold or exit.
• Always maintain SL discipline – the market is highly volatile.
$NIGHT #DYor
