$NIGHT is showing some really interesting behavior here on the hourly. We just tapped that 0.071 level and the reaction was actually pretty decent. It looks like a classic hunt for liquidity before a potential shift. Current price action is hovering around 0.076. If we can flip this minor resistance into support, we might finally see some relief towards the 0.082 zone. Volume is still a bit thin so don't get too excited just yet. I’m watching to see if this local bottom holds or if we’re just flagging for another leg down. Keeping a close eye on the 1h candle close.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wait, did everyone just look away?
$NIGHT is showing some really interesting behavior here on the hourly. We just tapped that 0.071 level and the reaction was actually pretty decent. It looks like a classic hunt for liquidity before a potential shift.
Current price action is hovering around 0.076. If we can flip this minor resistance into support, we might finally see some relief towards the 0.082 zone.
Volume is still a bit thin so don't get too excited just yet. I’m watching to see if this local bottom holds or if we’re just flagging for another leg down.
Keeping a close eye on the 1h candle close.
#PostTowinNight