$NIGHT USDT Update: Healthy Pullback After Initial Bounce – Bullish Structure Still Intact on 1H
After the strong reversal attempt from the $0.047 local bottom, $NIGHT pushed up to test the $0.0493 zone (24h high ~$0.04929) but met resistance just below the key $0.0505 liquidity area.
We’re now seeing a normal, healthy correction with price consolidating around $0.0489–$0.0490. RSI cooled off from overbought (75+) levels, volume tapered on the pullback, and the price is holding firmly above the higher low and original support zone. No breakdown yet — this looks like classic re-accumulation before the next leg.
Updated Trade Plan (Original Setup Still Active)
Entry Zone: $0.0478 – $0.0492 (add on dips around current levels $0.0488–$0.0490)
Stop Loss: $0.0458 (tighten if you entered lower and are in profit)
Take Profit 1: $0.0515
Take Profit 2: $0.0540
Take Profit 3: $0.0580
Why I’m Still Bullish
• Strong initial bounce + bullish engulfing candles off $0.047 support
• Higher low formation holding on 1H
• Rejection was expected below $0.0505 — now resetting indicators for a stronger push
• Plenty of unfilled liquidity above $0.0505 and room to previous highs
• Order book showing balanced but slightly improving bid strength in recent prints
Key Question: Will $NIGHT use this dip to build momentum and finally clear $0.0505 for a proper uptrend continuation, or will sellers defend again and force extended range?
My bias remains bullish as long as we stay above $0.047–$0.048. This dip looks like a gift for anyone who missed the first move.
Buy the dip and let’s ride NIGHT higher 🚀
What do you think — breakout incoming or more chop? Drop your thoughts below!
#NIGHTUSDT #CryptoTrading #Altseason
