$NIGHT Chart displays a massive vertical price expansion (+25.82%), pushing the token up to $0.04146. The move has left price severely stretched above its moving averages (MA 7 at 0.04088, MA 25 at 0.03843, and MA 99 at 0.03113). Following such an aggressive, parabolic rally, momentum is expected to cool off, opening up a potential short trade setup as buyers run out of steam near local highs
👉Entry Short: 0.0424 - 0.044
💥Stop Loss : > 0.046
🎉TP1: 0.0380 - 0.0391
🎉TP2: 0.033 - 0.0344
💥Disclaimer: Parabolic setups carry elevated volatility. This technical analysis is for educational purposes only. Always manage risk carefully and use stop loss orders.
Click here to view the chart #NİGHT 👇️👇👇
👉Entry Short: 0.0424 - 0.044
💥Stop Loss : > 0.046
🎉TP1: 0.0380 - 0.0391
🎉TP2: 0.033 - 0.0344
💥Disclaimer: Parabolic setups carry elevated volatility. This technical analysis is for educational purposes only. Always manage risk carefully and use stop loss orders.
Click here to view the chart #NİGHT 👇️👇👇
