$NIGHT faces rejection below $0.055
NIGHT rose 68.5% in the past week and approximately 200% from its July low. This move occurred weeks after Midnight shifted from developers to builders.
The rally reached the supply zone between $0.052 and $0.055, which stopped the price in March. Sellers stepped in immediately, and NIGHT is now trading at $0.0451, down 7.6% in 24 hours.
The Relative Strength Index (RSI) pulled back from above 85 but remains overbought at around 75. Meanwhile, breakout volume remains well below March's level, indicating little conviction.
A daily close above $0.0466, the 0.786 Fibonacci level, could open the way toward $0.055. However, if it loses support at $0.040, NIGHT could fall toward $0.035 and then $0.030.
#Marialecripto Trade here👇👉 $NIGHT
My signal, your execution👆
NIGHT rose 68.5% in the past week and approximately 200% from its July low. This move occurred weeks after Midnight shifted from developers to builders.
The rally reached the supply zone between $0.052 and $0.055, which stopped the price in March. Sellers stepped in immediately, and NIGHT is now trading at $0.0451, down 7.6% in 24 hours.
The Relative Strength Index (RSI) pulled back from above 85 but remains overbought at around 75. Meanwhile, breakout volume remains well below March's level, indicating little conviction.
A daily close above $0.0466, the 0.786 Fibonacci level, could open the way toward $0.055. However, if it loses support at $0.040, NIGHT could fall toward $0.035 and then $0.030.
#Marialecripto Trade here👇👉 $NIGHT
My signal, your execution👆
