$NIGHT

This looks like a potential Wyckoff distribution playing out.

Price action is showing classic signs of supply stepping in after an extended move, with range-bound behavior and weaker follow-through on pushes higher.

That said, it’s still early.

I’d rather wait for clear confirmation before touching shorts. A clean breakdown from the range, loss of key support, or a decisive sign of demand failure would make the setup much higher confidence.

Until then, patience beats anticipation.

NIGHTUSDT

Prep

0.07612

-25.30%