๐ Pair: $NIGHT /USDT
๐ Timeframe: 1-Week Swing Trade
โ Entry Zone:
0.05700 โ 0.06100
(Pullback into support after strong rally)
๐ฏ Take-Profit Targets:
TP1: 0.06800 (Break even + momentum)
TP2: 0.07493 (24h high retest)
TP3: 0.08000 (Next psychological resistance)
๐ Stop Loss:
0.05300
(Below recent support and 24h low)
๐ Key Levels:
Support: 0.05700 โ 0.05300 โ 0.04708 (24h Low)
Resistance: 0.07493 (24h High) โ 0.08000
๐ง Strategy & Rationale:
NIGHT has experienced a strong +35.94% rally with massive volume (10.16B NIGHT, $644.16M USDT).
The current consolidation near 0.06484 offers a potential pullback entry toward 0.05700โ0.06100, aligning with previous resistance-turned-support and mid-range levels for a retest of the highs.
Why this setup works:
High volume confirms strong buyer interest
Clear range between 0.04708โ0.07493
Pullback entry reduces risk compared to chasing
Strong momentum suggests continuation potential
Risk Management
Use 2โ3% of capital
Move SL to entry at TP1
Take partial profits at TP2 and trail the rest
๐ Setup Type: Pullback Buy in Strong Uptrend
โ๏ธ Risk/Reward: ~1:3+
๐ Trade with disciplineโfollow setups, manage risk, and grow consistently.
#night #NIGHTUSDT #SwingTrading #Crypto #Binance #TradingSetups #shubhamkarnik597 #ALTCOฤฐN
