$NIGHT still looks like a short-on-strength setup.

Midnight has a real story behind it: Binance listed the token in March, Binance Futures supports NIGHTUSDT Perp, and the team has been pushing toward mainnet readiness. But the chart is not confirming the story yet. On 4H, price is still trading under MA30 and far below MA200, which keeps the higher-timeframe structure weak. On 15m, the push into 0.0371 failed, RSI cooled into weak territory, and MACD turned negative again. Add ongoing Glacier Drop thaw pressure, and this bounce looks vulnerable.

Bias: Short

Entry: 0.0364–0.0369

SL: 0.0374

TP1: 0.0358

TP2: 0.0350

TP3: 0.0342

If bulls were really in control, they would have held above the short-term averages and pushed through 0.0371 cleanly. They didn’t. That matters.

#NIGHT #Midnight #Futures #CryptoTrading