Analyzing the $NIGHT Chart: Consolidation After a Rally?
If you’ve been watching the charts lately, NIGHT/USDT has certainly caught some eyes. After a significant 44.63% gain over the last 7 days, the price is currently sitting around 0.06316, showing a slight cooling-off period with a -0.86% dip today.
Looking at the 1-hour chart, the Bollinger Bands (BOLL) suggest we are in a consolidation phase. The price is currently trading just below the middle band (0.06385), with immediate support sitting at the lower band of 0.06110. While the 24-hour volume remains strong at over 334M USDT, the recent candles show a bit of indecision in the market.
For anyone tracking this, the key is to watch if it can hold its current support levels or if it needs a deeper breath before the next move. As always, volatility is part of the game—keep an eye on the volume and trade smart.
