đš $NIGHT TRADE SETUP đš
Midnight is one of today's top gainers, up 15%+ and more than 100% for the month as the privacy-coin narrative heats up. đ
I'm watching for a LONG on a pullback or retest rather than chasing the current candle.
Entry: $0.0310 â $0.0340
TP1: $0.0385
TP2: $0.0440
TP3: $0.0520
SL: $0.0285
đ„ Why Midnight is on watch:
Hoskinson's "bigger than Zcash" narrative has revived the privacy sector. It broke out of the $0.027-$0.030 range, which now acts as support. Volume is rising alongside price. $0.0385-$0.0400 is the next resistance, and a clean break opens $0.044. It trades far below its $0.096 all-time high
â ïž Risks:
The rally is narrative-driven, and a founder's comments are not a confirmed fundamental catalyst. Price has doubled in a month, so profit-taking and sharp pullbacks are likely. It's a smaller-cap altcoin with thinner liquidity than QNT or ZRO. If NIGHT loses $0.0285, the breakout has failed, and the setup is invalid.
Risk/reward from the entry midpoint is roughly 1.5R to TP1, 2.9R to TP2, and 4.9R to TP3. Take partial profit at TP1 and move your stop to breakeven.
Not financial advice.$QNT
$NIGHT
Midnight is one of today's top gainers, up 15%+ and more than 100% for the month as the privacy-coin narrative heats up. đ
I'm watching for a LONG on a pullback or retest rather than chasing the current candle.
Entry: $0.0310 â $0.0340
TP1: $0.0385
TP2: $0.0440
TP3: $0.0520
SL: $0.0285
đ„ Why Midnight is on watch:
Hoskinson's "bigger than Zcash" narrative has revived the privacy sector. It broke out of the $0.027-$0.030 range, which now acts as support. Volume is rising alongside price. $0.0385-$0.0400 is the next resistance, and a clean break opens $0.044. It trades far below its $0.096 all-time high
â ïž Risks:
The rally is narrative-driven, and a founder's comments are not a confirmed fundamental catalyst. Price has doubled in a month, so profit-taking and sharp pullbacks are likely. It's a smaller-cap altcoin with thinner liquidity than QNT or ZRO. If NIGHT loses $0.0285, the breakout has failed, and the setup is invalid.
Risk/reward from the entry midpoint is roughly 1.5R to TP1, 2.9R to TP2, and 4.9R to TP3. Take partial profit at TP1 and move your stop to breakeven.
Not financial advice.$QNT
$NIGHT
