$NIGHT : Bearish Continuation Pattern Confirmed on $NIGHT Chart Structure
SHORT SETUP NIGHT
Entry: $0.04155 - $0.04178
Stop Loss: $0.04333
Take Profit: $0.03833 (2R)
Key Levels: Support $0.04067 | Resistance $0.04178
Technical Analysis for $NIGHT : Price sits below all EMA lines, confirming a downtrend. MACD is negative with a bearish histogram, while RSI at 41 signals modest weakness. Stochastic is deep in oversold territory, but the dominant EMA and MACD readings favor short pressure near the 0.04178 resistance level. Together, these indicators favor SHORT continuation toward support.
Market Context: BTC is bearish on the 4hour chart and mixed on daily, while the broader market shows 88.9% red assets, reinforcing the short
SHORT $NIGHT
SHORT SETUP NIGHT
Entry: $0.04155 - $0.04178
Stop Loss: $0.04333
Take Profit: $0.03833 (2R)
Key Levels: Support $0.04067 | Resistance $0.04178
Technical Analysis for $NIGHT : Price sits below all EMA lines, confirming a downtrend. MACD is negative with a bearish histogram, while RSI at 41 signals modest weakness. Stochastic is deep in oversold territory, but the dominant EMA and MACD readings favor short pressure near the 0.04178 resistance level. Together, these indicators favor SHORT continuation toward support.
Market Context: BTC is bearish on the 4hour chart and mixed on daily, while the broader market shows 88.9% red assets, reinforcing the short
SHORT $NIGHT