🎯 $NIGHT 30 minutes, just hit a 6-day high. Current price: 0.0503; previous high: 0.0504.
Price is now above all three EMAs, but it’s more than 12% above each one—this is not a low entry point.
RSI is 71.3, and momentum is still running.
Volume is 8.68x its usual level—that can’t be ignored.
But the moving averages haven’t fully aligned yet, so don’t rush to call this a confirmed trend.
A new high is one thing; follow-through is another.
The main issue right now is clear: direction hasn’t been decided yet.
At this kind of level, the biggest risk is rushing to pick a side.
⚡ The 0.0461 moving average needs to hold for there to be further upside; if it breaks, reassess the thesis.
🔍 Add it to your watchlist. No rush—wait for it to show its hand.
Trade plan (long):
Entry: 0.050250 – 0.050401
Stop loss: 0.045967
First target: 0.056864
Second target: 0.061222
Third target: 0.067761
Why choose this setup?
• 8.68x average volume offers some confirmation from the capital-flow side
• Stop out if 0.046059 breaks—the thesis is straightforward
• RSI at 71.3 is still in the expansion zone, not at an extreme
• The first move above all three EMAs counts as a trend-confirmation entry, with the stop below the moving averages
⚠️ N.F.A. For reference only.👇️
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