NIGHT is grinding lower on the 4‑hour, hugging the 0.618 fib zone and testing the recent swing low.
🔴 $NIGHT SHORT 📉 — Trade Plan
• Entry: $0.040180 – $0.040260
• Stop: $0.041427 (-3.0%)
• Target 1: $0.039617 (+1.5%)
• Target 2: $0.038209 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear change of character broke the bullish swing, the CVD turned negative confirming the sell pressure, and a fresh fair‑value gap aligns with an order block that was just swept for liquidity. The POI confluence of the OB and FVG gives a strong bearish bias as price sits on the liquidity sweep.
A 3.0% stop is relatively tight on this swing, so a max of 5‑6× leverage keeps risk in check.
Consider scaling out at TP1 when the price hits the next minor resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$NIGHT #NIGHTUSDT #THORChain #TradingSignals #Write2Earn
🔴 $NIGHT SHORT 📉 — Trade Plan
• Entry: $0.040180 – $0.040260
• Stop: $0.041427 (-3.0%)
• Target 1: $0.039617 (+1.5%)
• Target 2: $0.038209 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear change of character broke the bullish swing, the CVD turned negative confirming the sell pressure, and a fresh fair‑value gap aligns with an order block that was just swept for liquidity. The POI confluence of the OB and FVG gives a strong bearish bias as price sits on the liquidity sweep.
A 3.0% stop is relatively tight on this swing, so a max of 5‑6× leverage keeps risk in check.
Consider scaling out at TP1 when the price hits the next minor resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$NIGHT #NIGHTUSDT #THORChain #TradingSignals #Write2Earn