#NIGHTUSDT Futures Outlook — Bearish to Range-Bound
Current Price: ~0.0552
Timeframe: 1D
After a sharp impulse move from 0.0399 → 0.0878, price is now in a distribution / correction phase. The recent candles show lower highs and selling pressure, confirming short-term weakness.
Market Structure
Strong rejection from 0.087–0.088 (major supply zone)
Breakdown below short-term support near 0.058–0.060
Price trading below VWAP / short MAs, bearish control intact
Key Levels
Resistance:
0.0585 – 0.0600
0.0640
Support:
0.0540
0.0500
0.0465 (liquidity zone)
Trade Idea
Bias: Short on pullbacks
Sell Zone: 0.0580 – 0.0600
Targets:
TP1: 0.0540
TP2: 0.0500
TP3: 0.0465
Invalidation: Daily close above 0.0645
Conclusion
Momentum is cooling after an aggressive pump. Unless price reclaims 0.060+ with volume, continuation favors downside or consolidation.
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