The NIGHT current report is 0.06916, after experiencing a significant surge from the low price of 0.04705, a noticeable stagnation has occurred below the previous high of 0.07169. On the 4-hour level, it shows signs of resistance after a rise, and the price is approaching the upper Bollinger Band's strong pressure zone. Additionally, the trading volume shows characteristics of increased volume stagnation, indicating that the short-term bullish momentum has been fully released, and the selling pressure above has significantly increased, creating enormous technical pullback pressure.

The current strong resistance during the rebound is clearly located in the range of 0.0700–0.0720. The key support below is located in the range of 0.0560–0.0580, where the middle track of the Bollinger Band and the first consolidation platform during the surge are situated. Once this level is breached, it will open up downward space to 0.0500–0.0520.

It is recommended to short in batches when the price rebounds to the range of 0.0685–0.0705, with a stop loss above 0.0730, targeting 0.0600–0.0620. If the price directly breaks below 0.0580, one can decisively chase the short position, targeting below 0.0520.

#加密市场反弹 #美联储降息 #美SEC推动加密创新监管 $NIGHT

NIGHTBSC
NIGHTUSDT
0.06549
+37.15%