š» $NIGHT ā THE FALL CONTINUES
Another -14% down, now trading below all key EMAs in a clear bearish stack. The structure is broken and heavy.
RSI is deep in oversold territory (mid-30s), but in a strong downtrend, this can persist. This is a momentum-driven decline, not a value buy.
KEY LEVELS:
Ā· Resistance: $0.0854 (EMA7) ā then $0.0897 (EMA25)
Ā· Current Price: $0.0848 (at daily lows)
Ā· Critical Support: $0.0810 (24h Low & last line before freefall)
Ā· Breakdown Target: Below $0.0810 opens path to $0.075 - $0.070.
STRATEGY:
Ā· NO LONG ENTRIES. This is a falling knife in a confirmed downtrend.
Ā· Any bounce to $0.085 - $0.089 is a SHORT opportunity.
Ā· Only consider a reversal if price can reclaim and hold above $0.090.
The trend is your enemy here. Don't fight it.
NIGHTUSDT
Prep
0.07545
-24.11%