$NIGHT Midnight) – strong impulse, now digesting gains
Price action
$NIGHT is trading around $0.0500, up +17.94% today
Intraday high $0.0538 | low $0.0457
What’s happening
Price exploded higher from the 0.045–0.046 demand zone, showing aggressive buying and momentum expansion. After tagging 0.0538, sellers stepped in for profit-taking, leading to a controlled pullback. This looks like healthy consolidation after a strong impulse, not a breakdown.
Key levels
Support: 0.0490 then 0.0470
Resistance: 0.0525 then 0.0538
Trend
Bullish short-term, structure remains positive despite the pullback.
Trade idea
If price holds above 0.0490 and reclaims 0.0525, continuation toward 0.054–0.056 is likely.
If price loses 0.0490, a deeper pullback toward 0.047 support would be a normal reset.
Main takeaway: Momentum is still with the bulls — holding 0.049 keeps the upside structure intact.
