šØ Technical Analysis NIGHT/USDT (1 Hour TF) šØ
$NIGHT /USDT shows a strong upward trend on higher time frames (supported by MA 99), but is currently experiencing a short-term correction/consolidation. This could be a good Buy The Dip opportunity!
Key Details:
Dominant Trend: Medium-term Bullish.
Current Condition: Price below MA(7) & MA(25), and MACD has just turned bearish (correction).
Key Levels: Support levels $0.05700 - $0.05800 are crucial.
šÆ TRADING STRATEGY (LONG)
Entry Zone: $0.06450 - $0.06550
Stop Loss (SL): $0.05650 (Tighten your risk management below Critical Support).
Take Profit (TP 1): $0.07000 (Psychological Resistance).
Take Profit (TP 2): $0.07450 (Major Swing High).
Always use strict risk management. Don't forget to do your own research (DYOR)!
