$NIGHT Faces a Potential Reversal After a 70% Rally Midnight has surged more than 70% over the past seven days, supported by privacy-sector demand, institutional interest, Google Cloud infrastructure support, Monument Bank testing tokenized deposits, rising spot volume, and short liquidations. Technical Analysis On the daily timeframe, NIGHT failed to break above the Resistance Zone and the key $0.0445 trading level, and price has started to move lower. The current daily candle could potentially close as a Shooting Star Candlestick Pattern, while relatively high trading volume may strengthen this reversal signal. I expect sellers to potentially remain in control in the short term. NIGHT could initially decline around 7%, while stronger bearish pressure could extend the correction toward approximately 20%. Cumulative Short Liquidation Leverage: $0.0450-$0.0465 Key Trading Levels: $0.0445 _ $0.0312 Can NIGHT reclaim $0.0445, or will sellers push the correction deeper first? #Altcoin Season#