đ $NIGHT Technical Analysis & Setup
Bearish bias on the 1h timeframe as a counter-trend setup against broader bullish structure, looking to fade a liquidity raid rather than chase the pump.
âą Key Support / Demand: 0.03828, 0.03737, and 0.03601
âą Resistance / Supply Targets: 0.04405 to 0.04530 swing-high edge
âą Trigger / Confirmation: Wait for a sweep of 0.04530 followed by a bearish engulfing or pin bar and lower-timeframe market structure shift
âą Risk / Invalidation: 1h close above 0.04530 invalidates the short bias
âą Market Execution: Monitor volume and open interest contraction for optimal entry on standard market depth
DYOR â Educational setup, not financial advice.
#BinanceSquare #Crypto #NIGHT #Trading
Bearish bias on the 1h timeframe as a counter-trend setup against broader bullish structure, looking to fade a liquidity raid rather than chase the pump.
âą Key Support / Demand: 0.03828, 0.03737, and 0.03601
âą Resistance / Supply Targets: 0.04405 to 0.04530 swing-high edge
âą Trigger / Confirmation: Wait for a sweep of 0.04530 followed by a bearish engulfing or pin bar and lower-timeframe market structure shift
âą Risk / Invalidation: 1h close above 0.04530 invalidates the short bias
âą Market Execution: Monitor volume and open interest contraction for optimal entry on standard market depth
DYOR â Educational setup, not financial advice.
#BinanceSquare #Crypto #NIGHT #Trading
