$NIGHT Continues to Struggle Under Key Resistance 🐻
Given the current chart structure, if $NIGHT fails to break above the SMA25, it could lead to a further drop towards the support level at 0.0287, as the bearish trend and lower highs suggest a lack of upward momentum
Technical check:
✅ Close price below SMA7 and SMA25
✅ Bearish 10-bar trend
✅ Lack of significant volume to support an upside move…
#MarketAnalysis #CryptoInsights #TechnicalAnalysis
Given the current chart structure, if $NIGHT fails to break above the SMA25, it could lead to a further drop towards the support level at 0.0287, as the bearish trend and lower highs suggest a lack of upward momentum
Technical check:
✅ Close price below SMA7 and SMA25
✅ Bearish 10-bar trend
✅ Lack of significant volume to support an upside move…
#MarketAnalysis #CryptoInsights #TechnicalAnalysis