$NIGHT: Liquidity Sweep & Rejection - Range Short Setup ā”ļø
Plan Trade: Short š“
Entry Zone: 0.064 - 0.062
TPs:
šÆ TP1: 0.059
šÆ TP2: 0.057
šÆ TP3: 0.055
SL: 0.068
Technical Analysis:
The recent spike to 0.0686 acted as a "liquidity sweep," followed by a swift rejection indicated by a long upper wick. This confirmed failure from buyers in the current sideways market.
The optimal strategy here is to trade within the range, specifically targeting a short at resistance.
ā ļø Warning: $NIGHT exhibits high volatility with significant wicks. Strict adherence to the Stop Loss (SL) is crucial for risk management.
Trade now ššš
(NIGHTUSDT)
