$NIGHT is currently in a confirmed uptrend with the aim of testing the previous high. The path to the 'Sell Trigger' is now the primary objective, but traders should watch for dynamic support to hold if any price pullbacks occur.
The market has recently shifted into a strong bullish recovery phase. Key observations include:
V-Shape Recovery: The price aggressively rebounded from the 0.03606 low.
Bullish Crossover: The 7-period Moving Average (yellow) has crossed back above the 25-period Moving Average (pink), which is a classic short-term buy signal.
Support Holding: The price is currently trading above both shorter-term MAs, indicating strong buyer support at the moment.
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